sami_belhi

BTCUSDT : price reversal sooner at 0.5 level of fibonacchi

Long
BYBIT:BTCUSD   None
Hi dear community,

here is my suggestion of the next BTC price forecast considering chop indicator energy consumption and fibonacchi levels .

I may consider two reasons :
1 - Potential reversal of the price movement at the 0.5 Fibonacci level
2 - Chop indicator provide a strengh signal predicting a potential trend movement

So I recommand that you keep tracking the price level of 40700 as it present a good entry level for buying Opportunity.

Make sure your SL is set to prevent from potential loss.

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