BTCUSD

As I was telling you the other day, I waited to see how May closes in order to be able to make a correlation between the charts for a week and a month! As you can see BTC rejected and closed over the Fibonacci 0.5 area and now I expect a new UP move but not as energetic as in previous months! probably 20-25% up to the 41500 area after which ... I think they should go down and test the Fonacci 618 to accumulate BUY again!

THIS WEEK...in the long run BTC will keep this downward trend towards the Fibonacci 618 area
This week will continue the range in the area of the green rectangle and only in the event that it closes at least for one day below this rectangle I will look for SELL up to 27100

NOTE: Please, give a LIKE if you find this idea useful!

GREAT ATTENTION:
*This information is not a Financial Advice.
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