Local Action: The breakout from the descending wedge drove the price into resistance at $8. If the resistance holds, a retracement to the previous lows around $5 is anticipated. On the upside, the price could reach as high as $17, aligning with ascending resistance.
Best, Hard Forky
Best, Hard Forky
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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.