We can see here a nice double bottom formed and weve broken the horizontal holding sustained volume so an easy 30% teleport awaits. Drawing out fibs and key levels dating back to its inception i can conclude that $2.60 is a great euphoric level to take a good slice out. Euphoria and secret sauce indicators confirm my bias.
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Holding that previous high with lots of demand. We will meet with 0.68c and not nicely
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Market flushed and gave people on the sidelines entries. Highlighted in green is a Daily orderblock which is a logical place of support. Often times double bottoms revisit mid range before take off. ETHs jump brought things down with it but it only but more confidence in higher prices.
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This is currently deep down, and this is what bottoms are made of:
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