Time frame - 4H
- Despite being an altcoin, it did not drop dead today but instead formed a bullish flag pattern.
- Traders might want to take note of the breakout from the pattern for the buy signal.
- Approximately 30% is the initial upside which is the .618 fibonacci retracement area.
Good luck!
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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.