Based on long term wedge created from early 2020. As you can see upper edge of the wedge perfectly fits with fib. circle based on the last downtrend and fib. timezone at price 2,24 USD.
Also, we crossed a big downtrend wedge, and if we go through resistance at 1,5 USD, the price level at 2,24 USD at the end of next week makes the most sense to me.
Also, we crossed a big downtrend wedge, and if we go through resistance at 1,5 USD, the price level at 2,24 USD at the end of next week makes the most sense to me.
Trade closed: target reached