A breakout to the upside will find ripple breaching lines 2 and 3 and the 23% fib retracement. Hard resistance at line 1
A breakdown through the bottom of the red pennant (also supported by the stegosaurus top formation) would immediately test the 100 day MA and 50% retracement.. hard support at line 8 and likely the 76% retracement
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.