Buy at 3, Sell at 6?

Expecting a bounce from 0.618 region marked in the chart.
Why target 6? Because that will be 0.618 (approximate)retrace of the dump from 8.5

BNB has a similar chart on daily time frame when it started trading few years back.

تعليق:

You can also consider it a falling wedge (this chart is for UNIBTC)

i.imgur.com/NybDYD2.png

تعليق:

I might re-evaluate at 6 and sell half above 10. Will update if and when it pumps above 5.