It has been a (very) long time since we last looked at LEOUSD. In fact it has been since February 05 2022 when we accurately projected the Fibonacci Target Zone with its All Time High (ATH) coming just 3 days later:
As the price is rebounding and hit the 1D MA50 (blue trend-line) again so quickly after the dump 2 weeks earlier, it is about time to look at...
LEOUSD is having one of its best weeks, so far reaching a +63% rise. Since the March 2020 market bottom, it has been rising parabolically smashing every Fibonacci extension after the other. Yesterday the price came near the Fib 5.0 extension as it did on the May 13 2021 High.
A similar rise (+58%) was done in February 2021. If Fib 5.0 breaks, the target should be...
