Trias has been performing well during this bear market. Making continous higher highs and higher lows.
Now we can see many bullish signals once more:
- Resistance zone turned into support
- Candles inside FIB Golden pocket
- Hammer candlestick
- Candlesticks touching lower end of the 2023 channel.
If price moves at the same speed and within the same range as between the two previous highs, it should give us a target price around $6 - $6.45. This target zone coincides with the upper band of the channel, the FIB -0.618 level and a resistance zone from back in 2022/2021.
Interesting