✴️ LeverFi | Good To Go (385% Based On Fib. Extension)

LeverFi (LEVERUSDT) has been good to us in the past so why not try again? As long as it goes well, we can keep on trying.

Endless opportunities?
Yes! Over and over, the market moves in waves.

On the chart see marked the 4-Oct session; Notice the high bear volume.
Why is this relevant?

The highest volume ever for this pair in this exchange came in 4-Oct and it was negative (red) yet, the subsequent low remained higher compared to 17-Aug. That's a bullish signal.

Regardless of the strong bear pressure, the price action remained safely trading within a higher low.

Now that LeverFi is moving forward, we can expect a higher high compared to 1-Oct, which is the session/candle right before 4-Oct (we are looking at the 3-Days timeframe).

Next, plotting the Fib. extension tool we can see the next major resistance is set at 1.618 (0.007405). That's a nice 386% potential. Wow, this would be the minimum or expected target, surely there can be more.

➖ Very entertaining it is to write technical analysis.
➖ Very entertaining it can be to read charts.

If the information acquired through this practice is applied correctly, it can even turn into something profitable.

Make money while having fun.

Namaste.

Comment:

Another hit here... 57% profits within 6 days.
There will surely be more.

Enjoy the profits!