Price prediction based on confluence and BTC staying above 200W-MA
0.036c
Confluence 1.618 fib extension
Pattern extension meets 1.618 fib extension
Fib retrace from ATH to 0.886 gives 0.03c also keeping an eye on this price for reaction
Update from the first idea
Using LOG FIB drawn on Weekly chart from all time high to all time low we find confluence on the 0.5 and 0.618 when compared to the recent mid term swing high to low. 1.272 and 1.618 (aug '22)
Also RSI on weekly chart looks very bullish. Strong support and bounce with continuation likely in the coming weeks and months. Targets posted...
Stop loss= 0.0247
Take profit = 0.010
ALL indicators clearly say im(SPA) over bought and the pumping group are selling by liquidating the SHORT positions
