BINANCE:SANDUSDTPERP
Sand is showing a rejection to the down side on the 0.618 which could indicate a 2nd wave going for the 3rd wave. The take target is on the 1;1 fibonacci extension.
As we can see, BTC has found a rejection on the 1;1 fibonacci extension indicating the end of a descending wave 5. However, we could still go bearish to the 1.618 but for now, a trade is available which is shorting BTC at the 0.618 and 0.786. BINANCE:BTCPERP