On the evil wednesday 9 May the prices breakdown two MA levels, and the movement ended only on the long 200-MA.
We are now still in uptrend channel for the mid-term, anyway the price need to close up the important 50% Fib retracement level at $1.12. Doing that it could accumulate momentum down to $0.87.
I'm still Long, Holding.
⚠️ Disclosure ⚠️ I wrote this article myself, and it expresses my own opinions. Above ideas is for educational purpose only, it is not intended to be investment advice.
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