Based on the chart, the price has retested the descending channel for three times, and has started to gain from the black trend line and the channel support âïļ
and now
the price is located in the vital zone that you can see on the chart with the purple colour near the round number of 3000 âïļ
if the
price breaks the zone to the upside, we will see more gain at least to our resistance area located on the chart ð
and if
the price breaks the zone to the downside, we will see more correction to the downside, at least to our black trend line âð§Ļ
our support area is based on Fibonacci levels âïļâïļ
Please, feel free to ask your question, write it in the comments below, and I will answer.ð