BTCUSD 05/02/2021
BTC started retracing when hitting the pink zone. The blue zone and the support could just push him up, but the doubled blue zone could also be hit in combination with the upper short trendline which hasn't been retested yet after breaking through. It will probably come back up to the pink zone and could move sideways as well since there has been an important zone in the past.
Disclaimer
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.