My take on this, based on the break out from the pennant, the area in the box could be a possible target. Looks like the pennant has a pole, which makes the target point around 1.50. The break out from the pennant still needs to be confirmed on higher time frames.
Note
Seems influenced by the dip of BTC now.
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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.