FIB retracements to predict areas of support work
Updated
currently the 0.5 holding. If this doesn't hold, wait and see if it bounces or falls through the 0.618 as a fall through this level would indicate that there is nothing stopping the price from dropping down to 0.012 which would be a HUGE retracement and I believe after that it is off to the races again with not as much insanity.
Note
Ended up being the Golden 0.618 that held and we took a hell of a ride last night. Congrats to all those who got in and sold at a profit. For those still holding the bag or who brought the top, I would say just HODL because this coin is going to keep going up long term
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.