It broke through 20.36 which served as major trendline in the past.
Using Fibonacci, 50% lvl is sitting at 44.79 which serves as a critical level.
The supply zone is just above the 50%lvl so my estimate is that will hit the 50% lvl and enter the supply zone. What it does at that point, only time will tell.
I am long on this as long as the price doesn't go below 14.
Using Fibonacci, 50% lvl is sitting at 44.79 which serves as a critical level.
The supply zone is just above the 50%lvl so my estimate is that will hit the 50% lvl and enter the supply zone. What it does at that point, only time will tell.
I am long on this as long as the price doesn't go below 14.