Price reversal zone for BTC to react at a full 886 retrace of the X-A wave which aligns to a large trendline that BTC cme has tested as resistance and support many times, when we broke out in March it was never retested, this harmonic shows confluence to the backtest of the said trendline (sping of the trendline and this is the backtest). Area of focus is $39,000-38,500.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.