Ok $IQ, it is time to redeem yourself.
Price has pulled back as expected from our last update and the price is just testing the confluence level now at the 50 Day MA and the 0.5 Fib, which we spoke about in the last update too.
This is where we need to see a hold
I will accept the 0.618 Fib too at $2.45 but below this level and there is weakness and a retest of the yellow trend line again is needed.
Moment of justice coming up!
Federico Salerno
2024-10-09 13:32:21 +0000 UTCBrian
2024-10-09 13:06:38 +0000 UTC