$FIGHT has already found buyers twice in the same zone.
On the 4H chart, a double bottom is forming: $0.0035–0.0037 keeps the price in place each time, and now $FIGHT has again approached $0.00445–0.0045.
For me, this is exactly where the fate of this move is decided.
If the resistance gives way and the price consolidates above it, the next target is around $0.0053.
There are already two bottoms. Now we just need to figure out whether the third attempt at resistance will be the one after which $FIGHT finally goes higher. 🔥
On the 4H chart, a double bottom is forming: $0.0035–0.0037 keeps the price in place each time, and now $FIGHT has again approached $0.00445–0.0045.
For me, this is exactly where the fate of this move is decided.
If the resistance gives way and the price consolidates above it, the next target is around $0.0053.
There are already two bottoms. Now we just need to figure out whether the third attempt at resistance will be the one after which $FIGHT finally goes higher. 🔥