BTCUSDT - Can it replicate its earlier rally to $5600?

1 May 2019

From the $5200 support level, btc had earlier rallied to $5600 from where it dropped down to the same support level. It is now trying to replicate the earlier path on the 4 hourly time frame. Can it? Lets wait and see.... cheers!!

2 May 2019

Not

Looks the same but the width of the rectangle increased. Indicates the possibility of the its direction towards 6300 with an impulsive move in the range 5500 to 5600