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Fibretracement

Actual wave analysis for BTCUSDT. The bottom has not passed yet.Current bullish movement possible is the correction Elliot's wave 4 to the previous fall from 30300$ to 24800$. The correction wave 4 could be either long in time or sharp and deep. Here deep variant is represented. According to this version the price can not be higher than the highest point of correction wave 2, and also the level 23.6 fib is close (29000$). So we can put sell limits to the 29000$ with stop loss around 30300$.
COINBASE:BTCUSDShort
by tim13l