As we expected in yesterday's analysis, the price was able to break its downward trend line and we saw the price rise up to the range of $1232. But in this range, he faced resistance and formed afalling wedge pattern.
The data is a kind of bullish pattern and it is expected that the price will rise again to the range of $1232 and by crossing this range, we will see a further rise. If a high volume of sales enters the market, we will see the price drop to the range of 0.5 and 0.618 Fibonacci.
Support range: 1208-1201-1195
Resistance range: 1222-1234-1244
GOODLUCK
SANAM
The data is a kind of bullish pattern and it is expected that the price will rise again to the range of $1232 and by crossing this range, we will see a further rise. If a high volume of sales enters the market, we will see the price drop to the range of 0.5 and 0.618 Fibonacci.
Support range: 1208-1201-1195
Resistance range: 1222-1234-1244
GOODLUCK
SANAM