citydev

lixing_gan

Price is facing bullish pressure from our first support in line with our horizontal pullback support, 78.6% fibonacci retracement where we could see a bounce above this level to our first resistance target. Our 20 EMA is showing signs of bullish pressure as well, in line with our bullish bias.

lixing_gan

Price is approaching resistance where we could see a reversal below this level, a break below our intermediate support could see prices push lower.

lixing_gan

Price is facing bearish pressure from our first resistance where we could see a reversal here. What are your thoughts on this?