MTLBTC hitting the channel support a good buying opportunity

Priceline of Metal / Bitcoin is moving within a parallel channel and hitting the channel support.
This support should be used as stop loss.
MACD is turning bullish.
RSI is already oversold.
I have used Fibonacci sequence to set the targets:

Sell between: 0.00005488 to 0.00005920

Regards,
Atif Akbar (moon333)