A descending which pattern with a bounce off of the 618 Fibonacci
Note
Upper and lower trend lines of the Descending Wedge are holding, looking for a solid Daily close above the .348 fibonacci or a re-test of the .786 @ $31432. If a re-test to the .786 @ 31432 then we could see a strong bounce to the .382 @ $40846 that could trigger a continuation of the trend beond $50kTrade closed: target reached
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.