Key Points:
  • Broken out of the long-term trend-line
  • Push into $3.30 resistance with huge volume
  • Looks like inverted H&S pattern on the two hour chart
  • Right shoulder looks like a Cup & Handle pattern


If we can break out of this resistance level, price target is the next fib retracement and psychological $4 price level.
FibonacciSupply and DemandSupport and Resistance

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