EOS - Expecting small retracement to before we continue wave.
I believe we just started the much anticipated impulse wave, if this is the first leg up then I expect a small retracement to at least the 0.50 fib retracement near the green box close to $11.5 mark.
The RSI and Volume needs to stay bullish within the 1hr + time frames for this hold true.
If the $13.00 support line holds then we have a very bullish wave coming up. 🤞
** - This is not financial advice, please comment with any ideas or thoughts.
The RSI and Volume needs to stay bullish within the 1hr + time frames for this hold true.
If the $13.00 support line holds then we have a very bullish wave coming up. 🤞
** - This is not financial advice, please comment with any ideas or thoughts.
Note
We possibly found support at the .382 fib retracement of $12.15, and may continue a bullish wave 3.Or we are completing a B wave to then drop to the $11.5.
A strong break of $13.5 would imply the first option.
Volume is key
Disclaimer
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.
Disclaimer
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.