Following a break, price moved below the 38% Fibonacci, Daily price has since pulled back the losses.
Looking at the daily chart, Price has used this candle formation in the past, followed by a push higher.
If the pattern is duplicated, the Price will push higher, followed by a retracement and a further push higher. Eventually peaking at $100k before pulling back or ranging.
Looking at the daily chart, Price has used this candle formation in the past, followed by a push higher.
If the pattern is duplicated, the Price will push higher, followed by a retracement and a further push higher. Eventually peaking at $100k before pulling back or ranging.
