Couple of confluences on this chart, looking for it to continue bearish.
1. 2nd Shoulder forming at daily candle bodies.
2. Trend line break and currently re testing
3. 61.8% & 78.6% Fibonacci Retracement
Expecting this to continue to my 2nd long term target from May of $0.20.
Needs to get back under $0.58 and have a strong timeframe close like a Weekly / Daily.
1. 2nd Shoulder forming at daily candle bodies.
2. Trend line break and currently re testing
3. 61.8% & 78.6% Fibonacci Retracement
Expecting this to continue to my 2nd long term target from May of $0.20.
Needs to get back under $0.58 and have a strong timeframe close like a Weekly / Daily.