ONE rejected from lower line of parallel channel#ONEUSD
$ONE rejected from lower line of an ascending parallel channel, that was the same as 0.618 fib level of last swing high.
there is a string resistance above near the middle line, that can reject the up trend to the lower line again.
if bears success to break the lower line price will head down more to 0.786 fib level around $0.09.
and if bulls success to hold the price in the channel, then we will see more increase to touch $0.27 that is 1.618 fib level of this swing low.
