In this time frame, the price faced a Sharpie drop in the range of $1461 with strong support and the formation of a bearish pennant pattern
given that it is a continuing pattern and it is possible that the price will fall after breaking the 0.5 Fibonacci range to the 0.618 and 0.786 Fibonacci range. But if the range of $1461 continues to fall, we will see the price rise to the range of $1577.
Support range: 1410-1336
Resistance range: 1513-1577
given that it is a continuing pattern and it is possible that the price will fall after breaking the 0.5 Fibonacci range to the 0.618 and 0.786 Fibonacci range. But if the range of $1461 continues to fall, we will see the price rise to the range of $1577.
Support range: 1410-1336
Resistance range: 1513-1577
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