If the resistance of 1.618 Fibonacci breaks, we expect a price increase of up to $ 18, and due to the collision of the Chicospan line with the roof of the Ichimoku cloud (Syncaspen B), which is a strong resistance, I expect a strong price pump in case of failure. In the 1-hour timeframe, we see the formation of divergence, and in case of many reactions on the moving average of 20, I expect it to fall to 10.7.
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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.