The current price is hovering around 50 SMA and fibo 61.8%. If the price couldn't close above these levels, a potential short to the ascending trendline and fibo 50.0% is foreseeable. Tradershodlgiant
hodlgiant
17 hours ago
Note: This is not financial advice, just an idea. The chart speaks for itself. This is a short-term trade. Finally broke its upward trend in the 15m time frame. MACD, Stoch, and RSI all indicate an over-bought market that needs to be retraced/corrected in the 1-hr time frame. Fibonacci retracement of at least 0.5 is expected with the potential of a further...