BTC to retest support at 55k

So many TA tools points to the same spot, 55k. I think its going to retest it and then bounce to 70k.

Take care!

Trade active:

- EMA 200 in the 55k area
- Fib retracement levels 0.5 - 0.618 are in the 55k area
- trend line at 55k area
- volume decreasing, while price increasing
- H&S pattern completion at 55k area

Then bounce will be massive.

Only my opinion...

Trade closed: target reached:

The drop is almost over, maybe a little more but no more than 54k. Stay safe there !

Trade closed: target reached:

Perfect bounce! 70k is coming