cache_that_pass

BTCUSD - 1D - Potential Shakeout/Spring Bottom

Long
COINBASE:BTCUSD   Bitcoin
What we need:
1) For Price to break above green support line with moderate to high volume
2) Price to then retest green line confirming support zone

For those interested, this is a Wyckoff Accumulation, there are plenty of sources to read up on this online. Historically it has been a great tool to predict BTCs movements.
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.