The bounce from 6k formed a heavy support off of 250 ma. Too early to call, but btc seems to be bouncing off yet again. Pay attention to a possible bullish bat forming. I have highlited a key level to buy in when/if the harmonic pattern forms. Most of all focus and watch the ma and what happens at the circled zone.
Note
Just an update. I highly wouldnt recommend making any trades atm .Price is still straddling onto the 250ma but we are getting no bounce whatsoever.
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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.