We are dropping to $37,000 with confluence of the 0.618 fib speed fan and rising lower trendline intersecting directly under our inverse parabolic drop. This will also put in a higher low which will be the last chance for this bull season to remain intact so expect heavy buy pressure at this region when we get there
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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.