Price reached 7.7k satoshi high and corrected back. What is interesting is that corrective wave was stopped at the 200 Moving Average which is now acting as a support, that has been rejected. Incent also rejected the 4/1 and nearly tested the downtrend . It seems that it is a very strong support that has been respected by the market and from this point onwards Incent could gontinue going higher.
First target is seen at 12.5k satoshi, that corresponds to two elvels. First is 64.8% Fibs applied through the all-time high. Secon is 227.2% Fibs applied to the last corrective wave down where 3.7k satoshi support was rejected. Only daily break and close below the 3.7k sats support could invalidate outlook.
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