LEOUSD is having one of its best weeks, so far reaching a +63% rise. Since the March 2020 market bottom, it has been rising parabolically smashing every Fibonacci extension after the other. Yesterday the price came near the Fib 5.0 extension as it did on the May 13 2021 High.
A similar rise (+58%) was done in February 2021. If Fib 5.0 breaks, the target should be the Fib 6.0 extension. If not, a pull-back will be required back to the 1D MA50 (blue trend-line) in order to confirm a new Higher Low. This could be on the prior All Time High and former Resistance.
Undoubtedly, LEO seems one of the best long-term investments in the market.
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A similar rise (+58%) was done in February 2021. If Fib 5.0 breaks, the target should be the Fib 6.0 extension. If not, a pull-back will be required back to the 1D MA50 (blue trend-line) in order to confirm a new Higher Low. This could be on the prior All Time High and former Resistance.
Undoubtedly, LEO seems one of the best long-term investments in the market.
--------------------------------------------------------------------------------------------------------
Please like, subscribe and share your ideas and charts with the community!
--------------------------------------------------------------------------------------------------------
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כתב ויתור
המידע והפרסומים אינם מיועדים להיות, ואינם מהווים, ייעוץ או המלצה פיננסית, השקעתית, מסחרית או מכל סוג אחר המסופקת או מאושרת על ידי TradingView. קרא עוד ב־תנאי השימוש.
🚀 I Trade Crypto, Stocks, Indices & Commodities on Bitbase | 1k+ pairs,Low fees,One account! Signup👉 bitbase.com/pro/TRADINGSHOT
💰Message me @ t.me/tradingshot for Account Management|+20% monthly profit| Min. capital $30k|Low Risk
💰Message me @ t.me/tradingshot for Account Management|+20% monthly profit| Min. capital $30k|Low Risk
כתב ויתור
המידע והפרסומים אינם מיועדים להיות, ואינם מהווים, ייעוץ או המלצה פיננסית, השקעתית, מסחרית או מכל סוג אחר המסופקת או מאושרת על ידי TradingView. קרא עוד ב־תנאי השימוש.