Based on the chart, the price has retested the descending channel for three times, and has started to gain from the black trend line and the channel support ✔️✔️
and now
the price is located in the vital zone that you can see on the chart with the purple colour near the round number of 3000 ✔️✔️
if the
price breaks the zone to the upside, we will see more gain at least to our resistance area located on the chart 🚀🚀
and if
the price breaks the zone to the downside, we will see more correction to the downside, at least to our black trend line ❌🧨
our support area is based on Fibonacci levels ✔️✔️
Please, feel free to ask your question, write it in the comments below, and I will answer.🐋
and now
the price is located in the vital zone that you can see on the chart with the purple colour near the round number of 3000 ✔️✔️
if the
price breaks the zone to the upside, we will see more gain at least to our resistance area located on the chart 🚀🚀
and if
the price breaks the zone to the downside, we will see more correction to the downside, at least to our black trend line ❌🧨
our support area is based on Fibonacci levels ✔️✔️
Please, feel free to ask your question, write it in the comments below, and I will answer.🐋
