If it continues with the MA120, it can break earlier. If not, it may follow the first blue line.
Note
with touching 0.38 fib and bitcoin rising up it couldn't resist and went down to 0.23 fib.
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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.