Interesting pumper for tomrorow
To watch. It had a rocket move off .82 cent Lows. Drew some fib extensions to get an idea of potential areas it could run. It had a nice retracement to the .382 fib around 1.26 it did wick a bit lower but the buyers stepped back in a bit and at the second retest of the .382 we seemed to have held it and bounced. If bulls can contiue to hold that area from 1.23-1.26 I wouldn’t be surprised to see a move to 2.50$ which is the 1.618 fib. Of course if you want to look further then that extension , next key reistances are
3.50 4.50 and 5$
Obvisouly watch the fib levels I have here as support flipping ideas or reistance levels for rejections if this does contiue up. No gaurentees this will open up green or even contiue green, but not a bad look for smaller timeframes. Just an idea, I did grab some positioning around 123 and 1.25$ and holding overnight. We’ll see no tomrorow goes
To watch. It had a rocket move off .82 cent Lows. Drew some fib extensions to get an idea of potential areas it could run. It had a nice retracement to the .382 fib around 1.26 it did wick a bit lower but the buyers stepped back in a bit and at the second retest of the .382 we seemed to have held it and bounced. If bulls can contiue to hold that area from 1.23-1.26 I wouldn’t be surprised to see a move to 2.50$ which is the 1.618 fib. Of course if you want to look further then that extension , next key reistances are
3.50 4.50 and 5$
Obvisouly watch the fib levels I have here as support flipping ideas or reistance levels for rejections if this does contiue up. No gaurentees this will open up green or even contiue green, but not a bad look for smaller timeframes. Just an idea, I did grab some positioning around 123 and 1.25$ and holding overnight. We’ll see no tomrorow goes