In the monthly time frame,it can be seen that the price has reacted to 1/8 of Gann fans support line.This support line almost coincides with the mid line of the Bollinger bands.In the path of increasing the price 1/2 of the gann lines and the upper line of the bollinger band will act as a resistance zone in the range of 37 to 39 cents.This analysis is for educational purposes only.