Price is approaching our Pivot, in line with 61.8% fibonacci retracement, 61.8% fibonacci extension and horizontal graphical overlap. where we may see a rise towards the 1st resistance in line with 61.8% fibonacci extension and horizontal swing high. Do note that price is above the ascending trendline, in line with our bullish analysis. If price fails to hold above the Pivot, we may see a swing down towards the 1st support level, in line with 88.6% fibonacci extension and horizontal graphical overlap.