I think we see a pullback to around $0.80 - marked by the grey area.
This coincides with the golden zone between the 0.618 & the 0.786 levels.
We also used this level as previous resistance in towards the end of 2020.
Additionally, it would allow us to tap the ascending trend line marked in blue for a slingshot up to highs.
RSI is also looking bearish short term.
This coincides with the golden zone between the 0.618 & the 0.786 levels.
We also used this level as previous resistance in towards the end of 2020.
Additionally, it would allow us to tap the ascending trend line marked in blue for a slingshot up to highs.
RSI is also looking bearish short term.
