BTC May 2020 fractal
Updated
It has been following this fractal with odd precision. Doesn't mean it will keep following it. Price action and structure always trump fractals. Bullish divergence on the 4H, near midline of the channel, I expect a relief bounce to above 18.8k , if not it can keep on dumping. One has to continuously monitor it and gauge the signs.
Note
following the fractal to the T, will it drop now?Note
Related publications
Disclaimer
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.