theformalfox

Repeating Pattern? - NU Fractal

Long
theformalfox Updated   
COINBASE:NUUSD   None
Another potential path to reaching and breaching $1. We may be on the final leg of repeating this pattern with a good chance of it breaking down around $0.90 to $1.00 due to the number of individuals most likely looking for $1.00 as a target to take-profit. If the current trend breaks down, we'll head towards $0.70 again for another retest of the previous high with more accumulation before heading back up to break ATH and beyond.
Comment:
Well there's a dip if I ever saw one.
Comment:
Looking back at this, I just needed to rotate the pattern about 10-15 degrees clockwise. lol. Large head and shoulders forming maybe?

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.