BTCUSD is in the built of a "Harmonic Deep Crab Pattern".
It seems the demand and supply of the asset have been in a very volatile zone. If the asset breaks 30500 then the probability of the price to reach PRZ will be very high.
Now, this PRZ will work as a supply zone for a short period or create momentum to boost the asset to the given bullish target.
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.