I'm looking at 61.8 fib level as the next LL. before the histogram turn green, showing the strength of the bulls. and if we go to 2hrs time frame, we expect the price to be above the MA.
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Abort.\ if we check the monthly and weekly time frame, we see that our previous highs had touched the resistance level. now the momentum is changing from bullish to bearish. I'm sure the lagging indicators indicate daily time frame to be overbought.
