Reasons:
- The support area matches 62% Fibonacci Retracement
- The support area matched 62% Fibonacci extension (a,b,c)
- RSI also might form a double bottom at the oversold area
- CCI Index is back to neutral area, the sell pressure weakened
- The support area matches 62% Fibonacci Retracement
- The support area matched 62% Fibonacci extension (a,b,c)
- RSI also might form a double bottom at the oversold area
- CCI Index is back to neutral area, the sell pressure weakened
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