VGXUSD Ready to explode

According to the chart and the descending parallel channel, it can be seen that the price has now hit the bottom of the channel and the point of contact is exactly the Fibonacci projection of the same. We can expect support and price rise from this range to the following targets:
TARGET1: 0.11$
TARGET2: 0.25$
TARGET3: 1$
TARGET4: 3.7$

STOPLOSS: 0.0069$

TIME: 7-12 M