New Information!
The Fibonacci level of 0.382 was held, indicating a strong uptrend. The price on the lower timeframes was creating higher lows, which we could clearly discern. The $42K level was broken, and the price is now retesting it as support, as well as the high of the value area. If this level holds, I expect to see the higher resistance levels of $43K and $44K tested.
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The Fibonacci level of 0.382 was held, indicating a strong uptrend. The price on the lower timeframes was creating higher lows, which we could clearly discern. The $42K level was broken, and the price is now retesting it as support, as well as the high of the value area. If this level holds, I expect to see the higher resistance levels of $43K and $44K tested.
<---------------------------->
☑️ Follow, Comment & Like
☑️ Create a civil and healty discuss in the comments and share with me your thoughts
Thanks and Happy Trading!