lucian136

BTC analysis 19 July 2021

lucian136 Updated   
BINANCE:BTCUSDT   Bitcoin / TetherUS
The strategy is to buy after breaking up the concluding triangle or build portoflio at wave E.
SL is below E area below 30 000USD.
The price can fall as low as 28 000USD but need a bounce up quickly if it does.
Comment:

First time daily closed below the redline support. Last support is 28 000 - 29 000USD range, next stop is 24 000 USD and 20 000 USD (ATH) support.

The set up is not clear. We would need heavy reversal volume to move up the price above the support.
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