It is a long wait i believe
we can see the price is falling in a descending channel after a high rise on it bullish ATH
now it is the time to retrace and soon we will face an accumulation start to form
i have specified all the levels with Fib and past supply and demand zones
this is mostly for internal use
please comment your idea if any
in USDTRY we have a Falling market mostly 161.8% of Fibonacci retracement and then we can long it the 1 TP
and of price crosses the TP Zone then we can see very high prices of Fib Projection
keep an eye on the white Buy line
please comment your opinions
2H: Still a higher high but getting testet rn.
2D: Bulls could not hold the top area above 156244B $ MC.
2W: If bears take the control and the dip last week was the start of the bear market i see a possible bottom around 75B $ MC.
I think if regulations come in the US that they will hit DEFI, Stablecoins and interest on Stablecoins harder than the rest of the market!
+ Support at .15
+ .618 Fib hold, next leg up unto 60c - 1$
+ Could reach 1.5$ by end of March
+ Holding short term moving averages
+ Candle Patterns looking very bullish, and likely for more significant uptrend continuation
* FUNDAMENTALS ARE LOOKING STRONG SHORT - LONG TERM
*Disclaimer: Not financial advice
* I took a position here at .15, looking to exit at...
As you can see, Zip Co have recently started gaining momentum upwards, after trading and consolidating at SPP range for a few weeks. this has been significant as it started show signs of strength that is maintained, and can continue to the rest of the year. Fundamentals are looking strong, and Technical analysis are certainly backing it up. at this current rate, I...
To shorten things and to keep it simple: According to fibunacci should the stock stabilise at around 3.7$ and higher to keep above the 61.8 retracement.
If the company will publish some good news soon, it could be the signal for an entry.
Entryprice above 3.69$