The 0.61 Fibonacci level is now the minor support for the price.
I would like to see a break of the descending channel starting from the previous all-time high as a sign of bullish confirmation.
Based purely on the structure of the chart, a move up to retest its all-time high is a probable case.
Disclaimer: This is not investment advice. This is for educational purposes only.
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Best Regards, Reda Souhail™
I would like to see a break of the descending channel starting from the previous all-time high as a sign of bullish confirmation.
Based purely on the structure of the chart, a move up to retest its all-time high is a probable case.
Disclaimer: This is not investment advice. This is for educational purposes only.
--------------------------------------------
Best Regards, Reda Souhail™
