As we said in the previous analysis, the price could not cross the strong resistance range of $2018 and we need a high volume of purchases to climb up to the range of $2081. So we expect the price to drop to the 0.5 and 0.618 Fibonacci ranges, and if it can cross the support range of $1914, we will see a further drop to the range of $1839.
Resistance range: 2081-2045-2014
Support range: 1914-1946-1958
GOODLUCK
SANAM
Resistance range: 2081-2045-2014
Support range: 1914-1946-1958
GOODLUCK
SANAM
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.