The retraction of 12th Mar was important. BTC had started moving beyond the bearish trendline after ABCDE formation. However, the exact trendlines were clear yet. After the retraction of 12th Mar, it is showing the formation of a new bullish trendline.
If BTC moves beyond these lines, we would need to revisit them.
If BTC moves beyond these lines, we would need to revisit them.