In this time frame, the price after hitting the resistance range of $2960 momentum has fallen and
hit the support range of $1700 and after several collisions has not been able to pass this range and the
formation of descending triangle pattern which is a two-directional pattern. If the trend line breaks down one side
, we will see a rise to the range of 0.5 and 0.618 Fibonacci,
and if the support range of $1700 fails, we will see a fall to the $1100 range.
Resistance Range: 2167- 2467 - 2681
Support Range: 1553 - 1330 - 1106
GOODLUCK
SANAM