Twitter is on track to finish this week with the start of a new sequential sell countdown. This new bullish countdown should also confirm the bullish cup and handle pattern.
The previous bull move from April/2017 to June/2018 has been retraced and matched with the 0.618 Fib. This level perfectly held the price and acts now as good support zone.
From an Elliot Wave perspective, the retracement back to the 0.618 Fib means the completion of a Wave 1 & 2 impulsive move. So we may now be in the early stage of a wave 3 with a rational 80USD first target.
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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.