TradingView
ETrades1
May 17, 2021 3:33 AM

$BTCUSD imminent upside reversal (at least temporarily) Long

Bitcoin / U.S. DollarGemini

Description

3 technical signals aligning

-The 100% extension from the first swing low from the ATH agrees with the 38.2% retracement of the entire move from March 2020 low to 64900 ATH (this may be referred to as either a 3 wave correction ABC or and AB=CD)

-A TD sequential buy signal will occur on the next candle, this signal triggered a +10K rally back on 4.25.21
More