XRPEUR - parallelism

XRP broke previous one month long trading channel and is looking for support. Could it be somewhere around 0.166? This is also close to 61% Fib retracement level of the last rise.
If we apply the same channel (green-ish one) bellow previous one and mirror the previous highest price reached to downward, we get interesting idea. Which will work only if we don't break 0.166 or any price level in the future on that tiny parallel line below the second channel.
Let's see what the future will bring to us.
FibonacciParallel ChannelSupport and Resistance

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