@Z1 18 May 2021 more from that month

BTCUSD - So far pretty standard ABC correction - two decent drives down. Little volume coming in - key areas tested 42550 - see previous analysis. https://noise.cash/post/182gzmrk ABC 1to1 https://www.tradingview.com/x/TXiVGwyp/ key level support around 39660 If 39660 holds - two scenarios https://www.tradingview.com/x/7TVAVEPP/ Buying needs to start to come in - either an accumulation range is developed under 56000 and above 39600 or further shakeouts to the downside will develop before spring to the upside. Fear is key in relation to further shakeouts. The market really has to have a collective puke. If 39600 breaks down on high volume - with failed attempt to recover - something else is going on. Watch to see if a large bear flag develops with rejection around 53000. #BitcoinCash