An analysis for HITUSD , the most interesting thing is the MA line that shows how price acts upon it as a support in a bull market (green circle) and a resistance in a bear market (red circle)
0.382 will likely be the reversal point for price as it climbs out of the Fibonacci Circle
I have annotated the bullish and bearish phases
Looks very strong, broke out and retested recent resistance. we could see continuation as we have consolidated relatively for a long time.
👁️🗨️ This is just my opinion, Price doesn't HAVE to agree with it, ALWAYS DO YOUR OWN RESEARCH.
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