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SYduck
2019年7月17日午前8時47分

BTC's next move based on S/D ロング

Bitcoin / TetherUSBinance

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We got a fresh test of a demand zone which seems to be holding against the bear assult.
We've already broken 2 demand zones (which i've removed the one with the lower timeframe) and formed a new supply zone which in my opinion it should come back to test before going further down.
This could be the lower high or "E" wave
If it runs through the supply zone, then it's highly likely the breakout below is a fakeout and we're looking at a return of the bulls.

Worst case scenario will be falling further to the next demand zone around the 8k regions.

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passed the first supply zone, straight into the 2nd one (not depicted).
should consolidate before breaching further upwards
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