Possible butterfly harmonic pattern in play. May not work out this way but just an idea.
Price is currently at $0.36 which is at the 0.786 level.
Point C can vary but 0.382 would fit the inverse head and shoulder pattern
$0. 40 would be a perfect point D.
If this plays out expect a reaction off the $0. 40 with a minimum target of $0.36 which would be 0.382 fib of the DA
Price is currently at $0.36 which is at the 0.786 level.
Point C can vary but 0.382 would fit the inverse head and shoulder pattern
$0. 40 would be a perfect point D.
If this plays out expect a reaction off the $0. 40 with a minimum target of $0.36 which would be 0.382 fib of the DA