Yesterday price action (2021.04.20): - Support at 53.3k was tested successfully, BTC bounced back - An uptrend has continued since then
Today forecast: - BTC is likely to make a two-legged pullback to the range of 54.6k - 55.5k (the first leg has finished) - Then, BTC is likely to approach and test the resistance at 57.5k
Strategy: - Wait until BTC finishes the second-legged pullback and buy inside the current accumulation zone (53 - 57.5k) - Wait until BTC breaks through the resistance at 57.5k and buy at the pullback to this level