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XAGUSD correction towards the end of the year.Silver (XAGUSD) has made a Double Top (red circle) on October 04 near the Higher Highs trend-line of the 2-year Channel Up. Last time it did a similar Higher High was on May 05 2023, after remarkably a similar +48.50% rise, it started a correction that extended below bot the 1D MA50 (blue trend-line) and the 1D MA200 (orange trend-line). The first stop was the 1D MA200 and the 0.382 Fibonacci retracement level and that's where our end-of-year Target is at 28.500. Notice also the 1W MACD similarities between the two peak fractals. Also the time from bottom to top has been highly identical at 246 and 248 days respectively. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
FX_IDC:XAGUSDShort
by TradingShot
Lingrid | USDCAD short Trade after RESISTANCE rejectionFX:USDCAD has been moving steadily upward since the beginning of October, making nine consecutive bullish days. The price has reached significant levels on both the weekly and daily timeframes. As it approaches the resistance area, it appears to be running out of steam, with the candles shrinking in size, indicating a loss of momentum. Upon zooming out, we can see that the price tanked from resistance at 1.38500 multiple times. I expect the market to form at least a short-term pullback. If we see a rejection candle, we can expect the price to move lower. However, given that today is packed with CAD news, it's possible that the market will be volatile, leading to significant wicks up and down. My goal is support level at 1.36650 Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩‍💻
Short
by Lingrid
6
DOW JONES 15 year cheat-sheet that can make you rich!Dow Jones (DJI) is extending what seems a relentless rally since the August 05 Low, which was the most recent short-term correction, but in reality the index has been rallying very aggressively since the October 23 2023 Low. That was when after a 3-month correction, it found Support above the 1W MA200 (orange trend-line) and 2 weeks later it reclaimed the 1W MA50 (blue trend-line), which has been supporting ever since. So basically the index has been on a 1W MA50 Support for 1 whole year! What's more striking however and what short-term traders/ investors tend to ignore are the long-term Cycles of a financial asset. And Dow being one, is no exception. As mentioned, the 1W MA200 supported the October 23 2023 Low and in effect has been holding since October 10 2022 (so for 2 full years!), two weeks after the Inflation Crisis bottom. Since then we have been inside a Bull Phase. This is part of a greater trading Cycle for Dow, one that started 1 year after the March 2009 market bottom of the historic Housing Crisis. As you can see, the pattern is recurring and the phases have a high symmetry and frequency among them. First and foremost, they tend to do two Lows within a 1 year span, which is essentially the Bear Phase, which finds Support on the 1W MA200 (exception was of course the Black Swan of the COVID flash crash but it is of course a non-technical irregularity event) and then rebounds, effectively starting the Bull Phase. The first 2 Bull Phases rose by +75.80%, while the most recent by +70.80%, so we are roughly around the same strength levels. Also as far as duration is concerned, the 1st Bull Phase lasted for 1239 days (177 weeks), the 2nd for 1134 days (162 weeks) and the 3rd for 1106 days (158 weeks). Again the time element is quite similar. Notice also the similar pattern that the 1W MACD prints every time Dow enters the final part of the Bull Phase. As a result, if we apply those dynamic conditions on the current Bull Phase, we can see that a minimum rise of +70.80% from the bottom, should peak a little over 48000, and if it last a minimum of 1106 days (158 weeks) it should come to an end and price the top by October 06 2025. This indicates that we have at least another full year of bullish trend ahead of us and a fair Target could be 48000. As you realize, investors who are methodically following this 15 year old cheat-sheet, know where and when to buy/ sell and that achieves investing's two main principles: Profit Maximization and Risk Management. Patience and proper management within such Cycles are what "can make you rich" indeed. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
TVC:DJILong
by TradingShot
8
Lingrid | WIFUSDT buy Pullback. Long from the SUPPORT zoneBINANCE:WIFUSDT has been consistently making higher highs and higher lows, indicating a bullish sentiment on the 4H timeframe. However, the market began to pull back just below the psychological level of 3.00. Upon examining the daily chart, we can also identify a strong resistance level in this area. Consequently, I believe the market may enter a consolidation phase within the range of 2.50 to 3.00. Correction before extension. I expect the market to retrace towards the support level before moving upwards to test the liquidity above the psychological level. My target is resistance zone at 3.00 Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩‍💻
Long
by Lingrid
4
Alikze »» ENJ | Ascending channel - 4H🔍 Technical analysis: Ascending channel - 4H - It is moving in an ascending channel in the 4-hour time frame. - A Double Bottom pattern is formed in the range of the green box by creating higher floors (HL). Meanwhile, the creation of higher ceilings (HH) can be met with a correction in the 0.14 zones or the bottom of the channel with demand and create a newer ceiling (HH) up to the supply zone. - Currently, in the middle range of the channel, it can continue its growth with a correction in the range of 0.14 to the supply area. 💎 Alternative scenario: In addition, if there is a stabilization below the 0.14 candlestick area and if the correction continues up to the specified areas and the green box, there is a possibility of breaking the green box area. Therefore, if the correction is sharp, the bullish scenario is invalidated and can form a new floor. »»»«««»»»«««»»»««« Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future. Thanks for your continued support. Best Regards,❤️ Alikze. »»»«««»»»«««»»»««« BINANCE:ENAUSDT
Long
by alikze
Gold prices are testing resistance levels.Ames Stanley - senior marketplace strategist at the Forex market stated that traders took income after US financial reviews together with CPI and USD elevated sharply. The promoting circulate of traders won't be over yet. Gold costs are trying out resistance levels. Economic occasions this week that effect gold costs encompass US retail income statistics and the European Central Bank`s economic coverage choice on Thursday. The marketplace is likewise inquisitive about the Empire State production survey, weekly unemployment claims, housing begins offevolved and US constructing permits. Besides, buyers and traders are listening to the Chinese marketplace. The u . s . a . plans to announce an financial stimulus package deal from authorities bonds, really well worth 283 billion USD. 🔥 XAUUSD buy 2632 - 2630 🔥 ✔️TP1: 2642 ✔️TP2: 2655 ✔️TP3: OPEN 🚫SL: 2622 🔥 XAUUSD sel 2652 - 2654 🔥 ✔️TP1: 2642 ✔️TP2: 2632 ✔️TP3: OPEN 🚫SL: 2662
OANDA:XAUUSD
by FalCol_TradingMaster
EUR/USD: Bearish Trend Driven by Diverging Monetary Policies!The EUR/USD continues to face bearish pressure, nearing two-month lows around 1.0890, driven by a strengthening U.S. dollar supported by increased risk aversion and geopolitical tensions in the Middle East. The dollar also benefited from the release of the minutes of the latest Federal Open Market Committee (FOMC) meeting, which revealed that a majority of members supported a monetary easing policy, though without a clear timeline for future rate cuts. The diverging monetary policies between the Federal Reserve and the European Central Bank (ECB) are strongly influencing the exchange rate. While the Fed is leaning towards further rate cuts, with an 84% probability of a 25-basis-point reduction next month, the ECB is more cautious. Despite inflation in the Eurozone falling below the 2% target, the ECB is closely monitoring economic data before taking new measures, leaving the euro vulnerable. The economic weakness in the Eurozone, with stagnant GDP growth, could continue to weigh on the euro, further favoring the dollar, which is in a position of strength thanks to the resilience of the U.S. economy. In conclusion, the EUR/USD is in a bearish context, with a possible break of key support levels that could lead to further declines. Only a recovery above the 1.0996 resistance could reverse the negative trend, but current economic and monetary conditions suggest the dollar will continue to dominate in the short term.
Short
by Forex48_TradingAcademy
1
Gold price today continues to hover around $2650Dear Friends. Today, gold is trading around $2649 and is little changed from the same time yesterday. Accordingly, gold prices have fallen after hitting an intraday high of $2666 on Monday as China's stimulus measures failed to save financial markets and the greenback continued to rise. However, when looking closely at the 2-hour chart, the technical picture is quite similar after gold prices broke through the resistance of the downtrend channel, gold prices increased and consolidated their value. Technically, it can be seen that gold prices are reacting around the 34 EMA and the barrier held by active buyers has not been broken, which shows that the uptrend is not over yet. Due to these factors, in 's personal opinion, if gold can successfully overcome the nearest resistance level this week at 2660 - 2677, the opportunity to increase will be very large, possibly reaching the $2700 mark.
OANDA:XAUUSDLong
by ConanTradingFX
The Impact of Overtrading on Trading PerformanceOvertrading and micromanaging trades are significant factors that contribute to losses for many traders. Often, traders fail to recognize when they are overtrading because they lose sight of the limits that indicate when to stop. Over time, this behavior can become a habitual pattern, ultimately resulting in financial losses. In this review, we will explore what overtrading is, examine the associated risks, and propose effective strategies to address the issue. 📍 Overtrading: How to Optimize Your Efforts Pareto's Law states that 20% of effort often yields 80% of the results. When we apply this principle to everyday life, several observations come to light: 20% of people own 80% of the world's assets. 80% of sales come from 20% of customers. 20% of managers account for 80% of transactions. The same principle holds true in trading: 80% of your results stem from just 20% of your efforts. Many traders overlook this insight, striving to "give their best" while in reality, 80% of their efforts may be largely ineffective. Overtrading reflects both the actions and mindset of a trader who is overly focused on profit. This relentless pursuit can lead to stress, fatigue, and ultimately, significant losses. Overtrading often arises from improper prioritization of tasks and strategies. Recognizing and addressing this issue can help traders optimize their efforts and improve their performance. 📍 Optimize Performance To effectively manage overtrading and enhance your trading success, consider implementing the following methods: 🔹 Set a Minimum Desired Income Profit: Establish achievable profit targets for different time frames—daily, weekly, and monthly. Ensure these targets are realistic and grounded in your trading experience. If you find that you haven't met your target within the first week, resist the urge to chase after immediate results; focus instead on the bigger picture. It's possible that you might still achieve your overall monthly goal. 🔹 Concentrate on Specific Tools and Actions: Narrow your focus to a limited set of trading tools and methods. Avoid spreading your attention too thin across various markets or strategies. By concentrating your efforts, you can deepen your expertise in specific areas and improve your decision-making, ultimately leading to better results. 🔹 Evaluate the Effectiveness of Your Trading System: Maintain a detailed trading journal where you log each trade. This journal will serve as a valuable resource for analyzing your performance over time. Use it to collect data based on various criteria, such as the most productive times for trading, the most profitable assets, and any recurring patterns in your successes and failures. By evaluating this information, you can identify areas for improvement and optimize your trading strategy for better outcomes. 📍 What to Avoid in Trading? To maintain a disciplined and effective trading strategy, it's crucial to avoid certain behaviors that can lead to overtrading or poor decision-making. Here are key pitfalls to steer clear of: ◼️ Constant Observation of Charts: Resist the urge to monitor charts continuously. Instead, focus on selecting a specific asset and trading session, making trades primarily during periods of maximum volatility. This practice will help you avoid unnecessary stress and maintain clarity in your decision-making. ◼️ Pointless Forum Browsing: Spending excessive time on forums in hopes of discovering valuable advice or a superior trading method can be unproductive. While some insights can be helpful, relying too much on external opinions may divert you from your own strategies and increase dependence on other traders' perspectives. ◼️ Chaotic Timeframe Switching: Avoid jumping between different timeframes in search of trading signals. This erratic behavior often leads to confusion and can negatively impact your ability to make sound trading decisions. Stick to a consistent timeframe that aligns with your trading strategy and risk tolerance. 📍 Understanding Trade Micromanagement Micromanagement in trading refers to the excessive control and analysis of trades that often results in diminished returns. Common behaviors associated with micromanagement include: 🔹 Monitoring Every Market Tick: Constantly watching minute-to-minute price changes can lead to anxiety and impulsive decisions. 🔹 Frequent Adjustment of Stop-Losses and Take-Profits: Regularly changing these levels can indicate a lack of confidence in your trading system and may lead to inefficient outcomes. 🔹 Switching to Short Timeframes: Lower timeframes often bring more market noise and may lead to overtrading rather than clearer signals. 🔹 Seeking Confirmation from Third-Party Resources: Looking for validation of your trades or decisions from forums, analysts, or other traders can undermine your conviction and disrupt your trading plan. 🔹 Unplanned Changes to Position Sizes : Modifying your trade size without a systematic approach can lead to increased risk and potential loss. The underlying reason for micromanagement often stems from a lack of trust in the trading system and a fear of losses. Overcoming this psychological barrier requires time, practice, and rigorous backtesting to boost your confidence in your approach. 📍 Eliminating Overtrading: Optimizing Time and Efficiency 🔸 Reduce Screen Time: Aim to minimize the need to constantly be in front of your computer. Build confidence in your trading decisions by ensuring your trading system is effective, learning how to safeguard your positions, and actively working to minimize risks. 🔸 Avoid Impulsive Trades: Resist the urge to seize every trading opportunity that arises. Focus on identifying the strategies and conditions that yield the best results before opening a trade. 🔸 Learn from Mistakes: Regularly analyze your trading errors and strive to avoid repeating them. Dedicate time to reviewing your trade log to assess what went well and what could be improved. 🔸 Prioritize Your Trades: Be selective about which trades to pursue. Prioritization can help you focus on the most promising opportunities and enhance your overall performance. 📍 Conclusion Remember, time is your most valuable resource. Those who truly enjoy their work and take the time to plan effectively will achieve greater success than individuals who spend all their time merely working. Traders, If you liked this educational post🎓, give it a boost 🚀 and drop a comment 📣
Education
by Lingrid
15
Market News Report - 13 October 2024The US dollar was buoyant this week against many currencies, continuing the same trend from the previous week. CHF was a close second, while the Japanese yen found itself among the weakest currencies. Let's dive into what we should expect for each major forex market in our latest fundamental report. Market Overview Below is a brief technical and fundamental analysis breakdown for all major currencies. US dollar (USD) Short-term outlook: bearish. Despite a recent 50 basis points (bps) rate cut, the Fed may not need to cut rates as aggressively going forward. This is partly due to positive job numbers and earnings data that exceeded expectations. Still, the central bank has signalled the potential for two 25 bps drops by the end of this year. Meanwhile, a 50 bps cut has pretty much been priced out, with STIR (short-term interest rate) markets seeing a 14% chance of a hold next month. After weeks of ranging around the key support area at 100.157, the DXY made its intention known to head north. We spoke about a potential technically-driven retracement (despite the bearish fundamentals). Meanwhile, the key resistance is far away at 107.348, which will remain untouched for some time. Long-term outlook: weak bearish. The latest strong NFP report has raised expectations for a 25 bps rate cut (instead of 50 bps), which is giving USD a boost in the near term. So, there is no extreme dovish pricing anymore. While the bearish bias remains, the dollar may gain amid a broad pullback. Euro (EUR) Short-term outlook: bearish. As usual, the STIR (short-term interest markets) were predictably accurate as the European Central Bank (ECB) cut the interest rate a few weeks ago. While 'being mum' about forward guidance, they revised core inflation projections higher. Also, the past week saw weaker economic data across various European nations. Finally, short-term interest rate (STIR) markets have indicated a 92% chance of a rate cut at the October 17 meeting. The euro has finally made its bearish intention known on the charts after spending weeks near the resistance at 1.12757. Meanwhile, this market isn't too far away from the key support at 1.07774. Long-term outlook: bearish. The ECB has yet to commit to a specific future path with the interest rate for some time. Due to lingering concerns over services inflation, a rate cut has become more likely than before and will be a key driver soon. British pound (GBP) Short-term outlook: bearish. The Bank of England (BoE) kept the interest rate steady in its recent meeting. Still, the language indicates that they need to be “restrictive for sufficiently long.” Also, the central bank's higher-ups stressed "a gradual need" to cut rates. As with the ECB, the central bank's current key theme is fighting persistent inflation in the United Kingdom. So, it makes more sense to be dovish than hawkish. Not long ago, Governor Bailey hinted that "aggressive rate cuts" were possible if inflation went lower. This week, watch out for several key economic releases for GBP, such as the YoY inflation rate and unemployment rate. We mentioned that the past week's downturn may be the start of a more serious bear move. So far, that's what the pound is experiencing. The next resistance target is 1.34825, while the nearest key support is at 1.26156. Long-term outlook: weak bearish. Sequential rate cuts by the BoE may soon be a reality. Also, expect any weak CPI, labour, and GDP data to back up the bearish bias. However, the central bank hopes for lower service inflation, which may provide relief. Another interesting point is the latest CFTC (Commodity Futures Trading Commission) report, showing that GBP longs have been stretched to the upside. So, bullishness should be limited at some point. Japanese yen (JPY) Short-term outlook: bullish. The primary bullish catalyst is the Bank of Japan’s (BoJ) recent decision to hike the interest rate. STIR markets expect a hold (99% probability) at the next meeting but a hike at the start of next year. ​​Governor Ueda of the BoJ noted that despite domestic economic recovery, recent exchange rate movements have reduced the upside risk of inflation (which has been on an upward trajectory). All of this backs up the potential for a rate hold or hike. Keep an eye on the latest YoY inflation for JPY this Friday. The 140.252 support area is proving quite strong, boosting the yen since mid-September. Still, the major resistance (at 161.950) is too far for traders to worry about. Long-term outlook: weak bullish. Lower US Treasury yields are one potential bullish catalyst for the yen (the opposite is true). Inflation pressures and wage growth would also provide upward momentum. We should also consider that the dovish tendencies of other major central banks and worsening US macro conditions are JPY-positive Still, as a slight downer, near-term inflation risks subsiding (according to the BoJ) reduce the urgency for a rate hiking cycle. Australian dollar (AUD) Short-term outlook: weak bullish. The Reserve Bank of Australia (RBA) kept the interest rate unchanged during the Sept. 25 meeting. They further stated that they "did not explicitly consider rate hikes" for the future, which is a marginally dovish statement. The Aussie remains sensitive to China’s recent economic woes, especially with declining iron ore prices from the country’s steelmakers. As always, it depends on drops or rises in economic data like GDP, inflation, and labour. After failing to break the 0.69426 resistance level several times, the Aussie retraced noticeably from this area. Still, this market is bullish and far from the major support level at 0.63484. Long-term outlook: weak bullish. The RBA has certainly changed their tune from hawkish to slightly hawkish/dovish. Overall, it's crucial to be data-dependent with the Aussie, especially with core inflation as the RBA's key focus area. However, the Australian dollar is pro-cyclical, meaning exposure to the economies of other countries. New Zealand dollar (NZD) Short-term outlook: weak bearish. Unsurprisingly, the Reserve Bank of New Zealand (RBNZD) cut its interest rate by 50 bps last Wednesday and sees further easing ahead. This affirms another cut next month of potentially the same magnitude. Furthermore, the central bank is confident that inflation will remain in the target zone, adding more impetus to the bearish bias. Due to the recent rate cut, the Kiwi has been on a downward spiral, proving the strength of the major resistance level at 0.63696. Conversely, the major support is at 0.58498. Long-term outlook: bearish. The central bank's latest dovish stance (where it cut the interest rate) firmly puts the Kiwi in a 'bearish bracket.' They also revised the OCR rates lower and signaled steady winnings in the inflation battle. Canadian dollar (CAD) Short-term outlook: bearish. The Bank of Canada (BoC) recently dropped the interest rate to 4.25%, as anticipated by the markets for some time. Further cuts in the next few meetings are on the cards (with a 37% chance of a 50 bps cut next month), with the long-term target being 3%. Unemployment, weak economic growth, and mortgage stress are the key drivers for this dovishness. Watch out for the new YoY inflation rate for the Canadian dollar on Tuesday. While the short-term fundamental biases of USD and CAD are bearish, CAD is weaker on the charts. USD/CAD is making a steady uptick towards the key resistance at 1.39468, while the key support lies down at 1.33586. Long-term outlook: weak bearish. Expectations of a rate cut remain the focal point. Governor Macklem himself stated a while ago that it's reasonable to expect more cuts in the future. Any big misses in the upcoming data for GBP, inflation, and GDP will probably boost the chance of a rate cut. STIR markets see a 63% chance of the latter happening later this month. Also, mortgage stress remains a major factor in this interest rate policy, and the BoC will have to cut rates to alleviate it. Expect encouraging oil prices and general economic data improvement to save the Canadian dollar's blushes. Swiss franc (CHF) Short-term outlook: bearish. STIR markets were, as usual, correct in their 43% chance of a 25bps rate cut (from 1.25% to 1%) recently. In the Sept. 26 meeting, the Swiss National (SNB) indicated its preparedness to intervene in the FX market and further rate cuts in the coming quarters. The central bank's new Chair (Schlegel) said they "cannot rule out negative rates." Finally, the September CPI came in weak at 0.8%, against the expected year-on-year 1.1%. Still, the Swiss franc can strengthen during geopolitical tensions, such as a worsening Middle East crisis. USD/CHF has just broken out of the range (but only just) discussed in our last report. While remaining largely bearish, this market could return closer to the major support level at 0.83326 or climb its way to the higher major resistance level at 0.92244. Long-term outlook: weak bearish. The bearish sentiment remains after the last SNB meeting, while inflation is being tamed with lower revisions. We should also remember that the SNB's intervention prevents the appreciation of the Swiss franc. The new chairman is more keen to cut rates than his predecessor, Jordan. STIR markets are currently pricing a 23% chance of a 50 bps cut at the December meeting. On the flip side, 'safe haven flows' and geopolitical risks can be positively supportive for the currency. As with other central banks, inflation is a crucial metric in the SNB's policy rates. Conclusion In summary: -There are plenty of new inflation rate announcements to diarise this week. -The euro's interest rate decision is the most anticipated news event heading into the new week. - All our fundamental outlooks for each currency remain unchanged except for a higher bearish inclination for NZD. As always, hope for the best and prepare for the worst. This report should help you determine your bias toward each currency in the short and long term.
TVC:DXY
by CityTradersImperium_CTI
COINBASE Enormous upside from this point. $360 minimum Target.Coinbase (COIN) has staged a strong bullish turnaround since our last analysis (September 09, see chart below) and it appears that we caught the perfect bottom buy: The stock has been trading within a long-term Channel Up since the first week of January 2023 (22 months). Within this time span, it has seen 4 corrections with the latter being the longest as we haven't seen a new High since the week of March 25 2024. The current correction is almost the same (-48.50%) as the January - April 2023 (-47.15%), while the other two have been around -39%. The key for now is to close a 1W candle above both the 1W MA50 (blue trend-line) and the 1D MA50 (red trend-line). That will be the last confirmation for this Bullish Leg. This on its own is a very pessimistic development, with the presence of only the 1W MA100 (green trend-line) remaining to offer support long-term. Now as for the upside, the minimum % rise of a Bullish Leg within this Channel Up has been +146.82% (two times). As a result, as long as the 1W RSI closes this week above its MA trend-line (yellow), a bullish signal that emerged on all previous 4 bottoms of the Channel, we can expect the new Bullish Leg to rise on a minimum +146.82% from its bottom, which gives us a $360.00 Target. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
NASDAQ:COINLong
by TradingShot
6
PEPEUSD The 1W MA50 will push it to new Highs.Pepe (PEPEUSD) has already recovered all of last week's losses and appears that it can break above September's 0.000012 High. All this bullish strength is technically fueled by the hold the crypto made just above the 1W MA50 (blue trend-line) last month. Technically that is the start of the new Bullish Leg of Pepe's historic Channel Up, however it is possible to make one last pull-back towards the 1W MA50 in December, like it did during the previous accumulation phase in December 2023. Now as far as targets are concerned, the previous two Bullish Legs rose at least by +2525% and reached the 1.618 Fibonacci extension (Higher High to Higher Low). As a result, the more realistic Target at the moment is 0.000030 (1.618 Fib). ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
CRYPTO:PEPEUSDLong
by TradingShot