businessinsider_gg

Big breakout in the next days

Long
We can see on the 4h timeframe a descending triangle with the support being at the 1$ psych level. It is a neutral chart pattern but since there was a falling wedge I expect it to be bullish. We should see a first little correction at the 0.382 fib at 1.45$ and another one at the 0.236 fib at 1.65$. It could stop there or even continue then to the 2$ mark but we'll see if there is enough fuel to the pump.
Don't forget that this is not financial advice, this is my opinion and you must make your own. I hope you trade well!
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.