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BTCUSD: Bullish Cypher at Weekly Support Congestion Zone

Long
Bitcoin (COINBASE:BTCUSD)  
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COINBASE:BTCUSD   Bitcoin
Harmonic Patterns Bullish Cypher Bullish Shark Bearish 5-0 range Support and Resistance Bitcoin (Cryptocurrency) BTC Cryptocurrency
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harmonicpatterns bullishcypher bullishshark bearish5-0 range supportandresistance bitcoin btc cryptocurrency
BTC leading to the Fed SPeaking in the 21st may see a rally from the Support Zone it's been trading within. It formed this Bullish Cypher/Shark on the Daily and rallied about 61.8% of the way before failing and pulling back down again. This sorta action is very dangerous as it makes me think it could be a Bearish 5-0 that could lead to us making a lower low and if we do that we will likely come back down to atleast the 786 retrace below at 17.8k. But as of right now the move down to PCZ of this Harmonic has been fast and on above average volume with a wide spread so i believe that we have a high chance of recovering the bearish price action and trading back to the top of the range as the new trading week begins, and if we break above the range we could see a secondary target of $26.5k

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