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Aussie-scalper
Mar 23, 2021 2:11 AM

Weak rally to 57 k for lower high then dump 52-49 k ? 

Bitcoin / TetherUSBinance

Description


Technical analysis :

1. Just made a double bottom and not quite ABC correction, but could recovery rally to the 57 k
2. If doesn’t get that far in rebound, will resume and drop to next line as support at 52 k then rebound
3. Either way it should resume downwards as frightened players recover there losses back and selling starts again to capitulate down hard into the 52 to 49 k band.
4. Alts should mirror this in top 50 and so trade accordingly ....
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