WABI/BTC (Minor Consolidation>Retest .618 Fib Sup?)
WABI/BTC
-since the top at 1600 area
-the price has dropped over -30% already
-and consolidating now for 8 days
-if this minor consolidation breaks to the downside
-the next major support is located at 1040-996 range
-this area also coincides with the .618 fib support
-and previous swing key higher low
-I'm expecting buyers to step in this area
-but waiting for the reversal confirmation is a must
-since the top at 1600 area
-the price has dropped over -30% already
-and consolidating now for 8 days
-if this minor consolidation breaks to the downside
-the next major support is located at 1040-996 range
-this area also coincides with the .618 fib support
-and previous swing key higher low
-I'm expecting buyers to step in this area
-but waiting for the reversal confirmation is a must
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