- Edited on December 2, 2021
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Preference:
Price is abiding to the ascending trendline support, signifying an overall bullish momentum. We can expect price to push up from pivot level in line with 61.8% Fibonacci retracement towards 1st Resistance in line with 61.8% Fibonacci projection.
Alternative Scenario:
Alternatively, price could push down 1st Support in line with 38.2% Fibonacci retracement and ascending trendline support.