In this time frame, the price is moving in the orbit of an ascending channel and according to yesterday's analysis, it was able to cross its resistance limits. In the range of $1208, it encountered another resistance that could not cross this range and form a falling wedge pattern .The data is a kind of rising pattern and the price is expected to continue its upward trend until the ceiling of the channel. If a high volume of sales enters the market and the price of Betoland breaks the support range of its upward trend line, we will see the price fall to the range of 0.5 and 0.618 Fibonacci.
Support range: 1194-1179-1162
Resistance range: 1208-1221-1232
SANAM
GOODLUCK
Support range: 1194-1179-1162
Resistance range: 1208-1221-1232
SANAM
GOODLUCK
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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.