In this time frame, after failing to break the resistance range of its downtrend trend upwards, the support range of $1700 with momentum has gone up to $1100 and after hitting this support range is suffering in this range and is expected to enter the correction phase and go up to its 0.5 and 0.618 Fibonacci range. If it can break the $1100 support range with a prestigious condell, we will see a fall of up to $563.
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