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BITCOIN (BTCUSD) Key Zone Test! What's Next?
Bitcoin
Long
BITCOIN (BTCUSD) Key Zone Test! What's Next?
By VasilyTrader
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Updated
May 18, 2021
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May 17, 2021
Bitcoin is testing a strond daily demand zone.
The underlined yellow structure is based on a confluence of
horizontal historic structure,
618 retracement of the last bullish impulse
completion point of a harmonic movement
Taking into consideration that we have 35% sale on btc right now,
monkeys will surely start buying.
For now I expect a pullback to 50.000 level.
Then I will watch carefully the reaction.
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May 18, 2021
Note
Check my new idea on GOLD:
Bitcoin (Cryptocurrency)
BTCUSD
Cryptocurrency
Fibonacci
Harmonic Patterns
Support and Resistance
XBTUSD
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