As we draw to the weeks end, it is a good thing to see that PA has just bounced Hard off the long term Support, based from 2013 and will close the 2nd week of September GREEN. This month is usually Hard on PA and this is a very positive sign.
The zoomed version of the same chart, with Tradingview volume based Candles shows that strong candle but still with a certaibn lack of support volume - However, PA broke through that 8.236 Fib circle very well.
Look to the left and see what happened when we broke through the 7.236.
While I am very bullish, the Fib extension I have on this chart stops at the 4.236 at 76K USDT for a reason.
For me, that is a HUGE Wall we need to break through.
THATS the barrier, from 72K to 76K I am looking for PA to Leap over.
I will be opening my champagne when that happens .
And it may very well be SOON
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