expecting a bearish ranging market for bitcoin

11 May 2020

Hello traders I am expecting a bearish ranging market for bitcoin before the "explosion" (to be verified) has to test a minor resistance zone before breaking below the trendline retest and the a drop down to the fibo 61.8 ,which is also a long term support area, where I would be expecting the next bullish impulse leg.

remember to always read the market while its aproaching these areas in order to apply the correct strategy which may be not this one.
feel free for comments below

thank you.