The price is testing the 4h support after a clear breakout as I mentioned in my previous ideas.
Now the market is testing the 0.5 Fibonacci level as new resistance below the key static resistance on the 0.6$ area
On the 4h Timeframe, the price is trying to create the breakout and testing the 0.382 Fibonacci Level
What's next?
The price needs more fuel to create a clear breakout from these levels, so we could see a retracement until the 0.618 Fibonacci level on 4h Timeframe. If the price is going to have a clear breakout it needs to confirm the Key level retest. The main target could be the 10$ area
Now the market is testing the 0.5 Fibonacci level as new resistance below the key static resistance on the 0.6$ area
On the 4h Timeframe, the price is trying to create the breakout and testing the 0.382 Fibonacci Level
What's next?
The price needs more fuel to create a clear breakout from these levels, so we could see a retracement until the 0.618 Fibonacci level on 4h Timeframe. If the price is going to have a clear breakout it needs to confirm the Key level retest. The main target could be the 10$ area
Yorum:
testing the breakout!
Yorum:
waiting for the huge breakout
