bobausdt weekly charti see a downside spike from ATH..a channel movement started around 4$ and ended at 0.11$. last lower high around 0.6$ broke and closed above it in daily and weekly timeframes.when price breaks and closes above last LH in down trend, it shows first alert about changing trend.i see a low around 0.11$ that price jumped to 1.25$ after hit 0.11$. after hit 1.25$ price made a HL at 0.162 $ and tested it.in diffrent markets this behavior of price lead to seeing zone of starting channel. another minor down trend channel started around 2$.
fibo retracement levels are:
0.236~ 2$
0.382 ~ 3$
0.50 ~ 4$
finally my idea is: price should hit 2 $ and 4$. This strong and powerfull move stated and may it takes several weeks to reach my targets.
