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price retracement to 61.8 fibo and should expand to 161.8 fibo extension
If in this candle, price be able to crossing up EMA50 (Red line) we can consider ascent will happen
also you sees, after the price could able to conquer MA200 (Yellow line) and EMA300 (Pink line)
Now it back test on those and hold as a new support determine after almost 1 year
Price in bottom of regression channel now time to raise
But if the bottom of the channel breaks more than 15% We should expect a decline
potential target marked
GOOD LUCK AND PATIENCE
Parallel ChannelTrend Analysis

Declinazione di responsabilità