As I predicted in my published idea on the 5th of June, IVR broke the 5$ resistant strongly.
At the moment, IVR is going back to the 5$ to test the price again. However, I believe this price mark will act as a trampoline.
If you are familiar with Fibonacci Retracements tool, you will notice that the 12$ was around the 0.618 mark of Fibonacci tool. And in my experience, this is a very strong resistant zone.
Thus, I won't surprise to see IVR reaching the 12$ price before the end of this month before falling down.
Again, we never can tell exactly what future holds, so please do your due diligence.
But above all, good luck, enjoy and ride safe my friends!
At the moment, IVR is going back to the 5$ to test the price again. However, I believe this price mark will act as a trampoline.
If you are familiar with Fibonacci Retracements tool, you will notice that the 12$ was around the 0.618 mark of Fibonacci tool. And in my experience, this is a very strong resistant zone.
Thus, I won't surprise to see IVR reaching the 12$ price before the end of this month before falling down.
Again, we never can tell exactly what future holds, so please do your due diligence.
But above all, good luck, enjoy and ride safe my friends!