The price is trading below the , indicating a possible end to the upward movement of correlation. has reached oversold levels. Also, between the price and the , convergence was formed. Fibonacci level of 61.8% was tested.
We recommend buying at the current price, as many indicators indicate completion of correction on H4.
The price is trading in the and above the Fibonacci level of 23.6%. is in an undefined state.
We recommend buying when the reaches the oversold level, as well as from the Fibonacci level of 38.2%.