Hey guys.
As you can see, after the selling pressure, the price was able to stabilize above 47200 - 47500. The price has re-entered the bullish channel and is moving towards the target D. It will be on the ups and downs, but eventually the top of the channel will be the target. After the collision, if it could not broke resistance level the price will be back again to 0.618 Fibonacci.
HAVE A SAFE TRADE.
As you can see, after the selling pressure, the price was able to stabilize above 47200 - 47500. The price has re-entered the bullish channel and is moving towards the target D. It will be on the ups and downs, but eventually the top of the channel will be the target. After the collision, if it could not broke resistance level the price will be back again to 0.618 Fibonacci.
HAVE A SAFE TRADE.