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DOpeTrades
May 26, 2021 5:10 PM

BTC at a pivotal point! 

Bitcoin / United States DollarCoinbase

Description

BTC in a pivotal position here. Let's see if we continue higher or fall back to low 30's.

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BTC testing support here, it just chopped around for most of the day. Let's see what happens.

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Starting to pullback here now under $38,000

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Strong recovery by BTC at $3700. Touching the 38.2 fib extension resistance lvl now and struggling to get over. It also looks to be developing a H&S pattern here on the 1h chart. So let's see if that follows through.

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just chop city here. Daily chart showing the real pattern to watch. Never entered a position.
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