The Long Investor
patreon
$RDDT
🕑 Added 2025-03-24 11:32:04 +0000 UTCPrice has so far held on the confluence level between the 200 Day MA and the 0.618 Fib at $110, after dropping from $230 down to $110 since the start of Feb.
We can see a good impulse wave higher to $230, followed by a standard ABC correction down
So a reversal can come next if the price can continue to hold above $110
This level has been tested 6 times now and has held.
So we have a higher high now, we need a higher low next and the reversal can be confirmed and move back up to the 50 Day MA at $170 can be next.
