$OPEN - RC -
Added 2023-11-20 16:37:42 +0000 UTC$OPEN has come down to its 0.78 Fib to find support at $1.86 and has so far found it but the price needs to get above the 200 Day MA next $2.50 and then our blue line at $3.05 to confirm the bull case and a move up for Wave 3.
As long as a price action is below its 200 Day MA, it is at risk of getting rejected by this level and going lower, so flipping this level to support is important.
Bulls will be happy with what they have seen so far however.
![[takeostudios]](https://samsuka.com/istorage/106010.jpg)
