$W D1 Potential Bullish Gartley Formation
• Zooming out on #Wormhole's daily chart, I see further fall from the coin once its D1 candle closes below the VAH or even the POC.
• Possible bullish gartley harmonic pattern formation with D-leg completion on 79% Fib level touch.
• Market trading deeply below a bullish NT; bearish change impending.
• Market has fallen back to its key support trendlines, notably the 25% and 38% from its recent rejection from its recent HH @ $0.7776. A test on the 50% support is imminent.
• When POC gets broken, expecting an entry on the 38% Fib level then a slight correction before entering the Fib golden zone.
• TFO just slightly above the median and exhibiting a slight curve downward teasing a potential bearish crossover once there is more selling pressure.
Key break points to WOF:
• $0.6479
• $0.6302
• $0.5915
• $0.5729