According to yesterday's analysis, in this time frame, the price could not cross the support range of $1077, and after breaking its downward trend line and stabilizing in this area, it changed its trend and entered the upward phase and went up to the range of 0.5 and 0.618 Fibonacci. But there is a strong resistance range in the range of $1173 and with the formation of the rising wedge pattern
which is a kind of bullish pattern, if it can cross the resistance range, we will see the price rise further, otherwise we will see a fall to the $1114 range.
Support range: 1154-1137-1114
Resistance range: 1173-1200-1233
which is a kind of bullish pattern, if it can cross the resistance range, we will see the price rise further, otherwise we will see a fall to the $1114 range.
Support range: 1154-1137-1114
Resistance range: 1173-1200-1233
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