First chart (Weekly):
1. General pattern:
The chart shows a strong rise during the last week with a possible break of the previous downtrend.
The 0.4907 level is a psychological and strategic support area.
The Relative Strength Index (RSI) is moving in the 45.17 range, indicating the beginning of a reversal from the oversold phase to the neutral zone.
2. Weekly fractals and time cycles:
The current green weekly candle reflects a rise supported by strong buying momentum.
Based on the fractals, the next point will be at the 0.60 level in the near term, with the price potentially reaching 0.78 if the momentum continues.
The time frame suggests that a price explosion could start within the next two weeks.
3. The Golden Ratio:
The levels showing 61.8% (0.618) of the price extension are at 0.60, which is a pivotal resistance.
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Second chart (Daily):
1. Daily details:
Daily moves showed a break of 0.4916 area with strong buy signals confirmed.
The RSI indicator is showing a reading of 61.98, which is in the positive momentum zone, supporting further upside.
2. Daily Fractals:
Daily fractals indicate that the price could reach the 0.60 (R2) level in the coming days.
In case of breakout, the target will be 0.78 (R3), which is equal to the golden ratio of 100%.
3. Support and resistance:
Primary support at 0.44.
The first resistance is at 0.50, and in case of a breakout, the next target is at 0.60.
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Recommendations:
Short term: Buy on pullback to 0.48 - 0.49 levels, targeting 0.60.
Long term: Hold until at least $8 levels.
Fractal and time analysis strategy:
The pattern suggests that AI is approaching a price explosion supported by buyers accumulating and increased liquidity.
Fractal Geometry and the Golden Ratio support the possibility of the price reaching $30 in the long term.
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Conclusion:
The theory based on fractal geometry, algebra, and the golden ratio proves its power once again here. Anyone who follows these tools in the financial markets finds themselves facing unparalleled opportunities. Investing in AI now is a wise decision for those who seek to seize opportunities.
