Jjesterr

Bullish Breakout imminent to $1.50!?

Long
Take this with a grain of salt..

Previous Trending pattern bullish. Continually bouncing off the 4hr 20MA Ribbon.
You can even see that the Fibonacci levels are acting properly as support/resistance indicators.
Based on my chart, we're currently in the stage of Nirvana (FTR 4-4.618). The next target is within the Nirvana w/o Substrate level (FTR 10-10.618).

IF we BREAK UP, possibly going to see a reach for $1.50.
IF we BREAK DOWN, possibly going to see $0.20 as the bottom.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.