We have some undeniable Bullish signs (based on the combination of these shortcomings):
1-(Jul-Aug-Sep 2022) There is a large effort (high volume) but restricted range price (is a signal of ( bullish ) reversal).
(BINANCE-USDT, volume = 18,000,000 BTC).
2-About 94 percent of bear whales are out.
(Check out my previous analysis).
3-Fibonacci Retracement Level 0.786 (correction looks finished to me): as shown on this chart (motive and corrective waves), wave 5 ended at $ 69k and dips in wave WXY ended at $ 17.5k
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.