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BTCUSD Transient Zones Continued

By Thisisnotfinancialadvice
Updated
We may have made a new all time high but we didn't get the follow through... yet. So instead we're going to test some lower levels. My target is 52,698, that is the lower boundry of the transient zone bitcoin created on the weekly chart. Probabilities are we will hit that zone soon, likely within the next 3-6 weeks, if price can hold above the zone, then it may create a transient zone but is unlikely since most of the time price is recurrent.

1D:
snapshot

Previous Analysis:
30M Breakdown BTCUSD Crucial Close in the Rotation Zone.


I've elaborated a bit more on transient zones in this post:
BTCUSD Transient Zones 1D


This is not financial advice
Trade closed: target reached
bam!
Bitcoin (Cryptocurrency)bitcoinusdBTCBTCUSDcryptocryptocurrenciesCryptocurrencyGannTechnical Indicatorstransient_zonestransientzonesTrend Analysis
Thisisnotfinancialadvice
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