It must support on top of this fibonacci zone. Days will go and the market should stay here to accumulate. or use it to bounce up when the market get a better return (considering it breaks the support and go deeper). Bitcoin is moving quite similar, with a fibonacci zone that represents the same.
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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.