Price broke through the 4HR resistance of $28USDT after completing a double bottom on the 4HR chart and a inverse Head and Shoulders on the 1HR timeframe after retracing to the 50% fibb level of the A-B impluse move.

Price currently extended to the 161.8 of the A-B-C fibb retracement and i would like to see a pull back to the $28-$29USDT before looking for a entry.

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.