We are about to see the fourth test of the downtrend line, where price should break out and retest the ATH @ 8.7 cents
I expect to bounce of 8.7 dip down and retest again, or break out into new ATH and start price discovery.
Fib extension Price targets after breakout:
1.618 @ 12 cents
2.618 @ 20 cents
I expect to bounce of 8.7 dip down and retest again, or break out into new ATH and start price discovery.
Fib extension Price targets after breakout:
1.618 @ 12 cents
2.618 @ 20 cents
Note
Getting quiet..... volatility is consolidated. Ready for a jump.Watch out for the fake out one way, and snap back the other.
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Related publications
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.