BTC to retest support at 55k
Updated
So many TA tools points to the same spot, 55k. I think its going to retest it and then bounce to 70k.
Take care!
Take care!
Trade active
- EMA 200 in the 55k area- Fib retracement levels 0.5 - 0.618 are in the 55k area
- trend line at 55k area
- volume decreasing, while price increasing
- H&S pattern completion at 55k area
Then bounce will be massive.
Only my opinion...
Trade closed: target reached
The drop is almost over, maybe a little more but no more than 54k. Stay safe there !Trade closed: target reached
Perfect bounce! 70k is coming
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