As I was telling you the other day, I waited to see how May closes in order to be able to make a correlation between the charts for a week and a month! As you can see BTC rejected and closed over the Fibonacci 0.5 area and now I expect a new UP move but not as energetic as in previous months! probably 20-25% up to the 41500 area after which ... I think they should go down and test the Fonacci 618 to accumulate BUY again! I gave you this example because BTC is the most important and well-known crypto currency and it is practically the one that gives the trend in the market.
NOTE: Please, give a LIKE if you find this idea useful!
GREAT ATTENTION: *This information is not a Financial Advice.
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.