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The price has reached a strong resistance range. This resistance is level 62 fibo. If it breaks this resistance, it will proceed according to the specified target. If it can not be broken. It will proceed according to the goal marked with a red line
It is located in an ascending channel which has started its ascending process after hitting the bottom of the canal.
After the formation of the bat pattern, prices began to rise at the point. After reaching the first goal, we have a price return and then growth to the second target
price will increase to tp1 then we will pull back to resistance green line . then price increase to tp 2 (22617$)
The price broke the descending trend line , and at the end of the trend , the head and shoulder is formed. As the result of the change in the trend , the price rises to 6.7 after breaking the resistance & after returning the 5.6 , we’ll see the up trend to price 8.30