In this time frame, according to the previous analysis, the price had an upward trend, and with a Sharpie climb up to the range of $1565, and in this range, it faced strong resistance and entered the correction phase and formed a Bearish pennant pattern. The data is a kind of bullish pattern and if the 0.236 Fibonacci range can continue to support and the price can stabilize itself above the resistance range of $1565, we will see the price rise further up to the range of $1645.