$SAGA D1 Bullish Idea.

Market bouncing off the 62% Fib level of the uptrend measurement, and is now looming on a 24% Fib level reentry.

The recent attempt of a surge has seen a rejection off the 50% Fib level of the downtrend measurement, but currently market has been anchored by bullish NT.

Price could reverse at this point, where uptrend could create an EMA GX that would push price above the D1 EMA200 and test for a possible VAH breakout.

If the above-mentioned breakout does happen, the chances of creating a new local high could increase and we could possibly see it revisit the $4 zone once again.

In case of a breakdown of the triangle, invalidate this bias as price could fall towards the POC currently valued at $1.3303 as of this posting.