Update on #BTCUSDT:
BTC is currently having a strong accumulation phase (red circle). As soon as the blue structure is active (surpassing blue point a) it has a huge potential to achieve higher highs. We keep you updated!
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BTC is currently in an accumulation phase, which will decide its direction. We are bullish and BTC should follow the yellow structure.
This is valid, as long BTC does not break the beginning of the green & yellow structure (circled).
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BTC has perfectly finished its down structure in the target level, as we had indicated in our last analysis "BTC short" from 15.02.
Now a bullish reaction is expected from this point on.
de.tradingview.com/chart/BTC…