Fiverr has broken a rising wedge giving a target price at $108.02 that is -44.6% from current price. This price is inside the fibo zone of the last impulse so I will go long if this target price is achieved.
Not sure it will hit a price that low, but agree it is going Down and possibly to that level
compoundinterest7
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@lauralea, Hi! Yes, you're right. Please take into account that this structure that I identified finally got cancelled as the price got higher than maximum in the rising wedge. Now I thing that there is a parallel channel broken with a potential price target at $137... IMO