Long

GVT/BTC, Binance, 1D

Updated
CVT bounce from 0.618 Fibo, retested previous resistance, which became support now. The price broke up Kumo cloud and going up now. On 4 hours it's finishing wave 5,
which is wave 1 on 1D. After 2nd wave finishes on daily, there is an entry.
Note
snapshot
BTC destroyed the party. Price is bouncing but the move doesn't look convincing. I wouldn't re-enter now, more safe to wait for uptrend confirmation from the retest of pink horizontal line.
gvtGVTBTCTechnical IndicatorsWave Analysis

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