💭 The chart shows a completed 5-wave impulse, indicating the end of a short-term uptrend.
🗯️ I'm waiting for BTC to hit the 0.382 Fibonacci retracement level around $63,000. Below the 0.382 level, strong support areas are at the 0.5 and 0.618 Fibonacci retracement levels, which is approximately $60,000 and $58,500.
💡I am looking for buying opportunities in the $63,000 to $58,500 range with a view to further expansion to the top.
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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.