On the Range … mebbe ^^
Short Term Fib based H&S & speculated price range.
Let's see how it pans out :)
Factors to consider, 1,2,3: -
1. It's Friday - payday :)
2. Price dropped then appears to be lighting up the candles
3. General Public small time retail investor FOMO MAY kick in
Oh and ofc: -
- MACD Cross at 01:00 28/6
- MFI & MAC rising trend lines
- EMA's Approaching Cross
Let's see how it plays out!
Short Term Targets to confirm, 12000, 12400 - once it pops the 12400 steam/momentum may drive it further up.
Safe trading as always! This I just a speculative outcome.
(Please note this Analysis does NOT constitute advice and readers must undertake their own analysis/research before committing to any positions)