Impulse wave has been added now as the price action has been moving very controlled and following the Fib support levels.
Wave 2 held support on the 0.78 Fib, Wave 3 bounced to the 200 Day MA but could not hold above this level, so the pull back continued down to the 0.5 Fib and held support
Price has now bounced against on the 0.5 Fib but needs to get above the 200 Day MA to make a higher high above $2.17 and go to our Wave 5 target at $2.64.
A
2024-09-19 22:06:47 +0000 UTC