LAIUSDT Dear Traders
as we see, LAI created a uptrend and created 5 ascending waves, after wave Z the price has corrected in 3 waves ABC.
And now we have retested the order block, which has become a good support level, and this support has been respected as shown at Fibonacci 0.786. Currently, we are accumulating between the 0.618 and 0.786 Fibonacci levels,I believe that if the price breaks above the 0.618 Fibonacci level and corrects above it in 3 waves, we will enter a bullish trend.
You need to have strong risk management and shouldn't rely solely on technical analysis, as there are significant fluctuations in the crypto market, especially with low marketcap .
Trade safely, love you all.
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