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3 hour chart ... thought i might post a potential bullish...

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    3 hour chart ... thought i might post a potential bullish pathway ... these are based on my tea leaf and crystal ball reading ability ... which of course can be way off target ... although I am bearish, its a good idea for me to look at the alternative so i dont get burnt too much if PL123456789's "Top 20" kicks into action

    interesting juncture on the chart (ignore the EW ABC and blue roman numbers and green target line -> thats a bear's view) ... i drew a blue line (B to C and down) and a red zig-zag (A-B-C are the 3 points) ... the red line in total retraced 61%Fib of the blue B to C line ... it is typically a retracement sweet spot in conjunction with the two long red legs are of equal length ... however imo 0.764 qualifies for a A=C ... if it holds that 1.10 area, lol associated with a rumour or two / nice announcement you might be in luck to see the moona ... who knows

    It also has the diagonal support line (blue) drawn under the to arrows heads from the bottom ... bull case would be that it does not break below that line e.g. gap-down tomorrow morn as it then becomes resistance

    btw you can see the only timeframe trend green is weekly ... which is all dandy for now

    Soooo it will be interesting to see how this plays out


    https://hotcopper.com.au/data/attachments/6111/6111495-e5f205cee718e9f2d050e6636caf03be.jpg
 
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