BTCUSD- Simple Analysis

Updated
Let's keep it easy here- If the daily closes above 5520, then we can reasonably enter. Otherwise, I would advise staying short.
Note
It managed to hold above 5520, but momentum was weak, so thus we had this tumble down. To be honest, I had chosen to stay short as the trajectory wasn't convincing enough for me, so I apologize if anyone longed as a result.

snapshot
Chart PatternsHarmonic PatternsTrend Analysis

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