BTCUSD 05/02/2021

BTC started retracing when hitting the pink zone. The blue zone and the support could just push him up, but the doubled blue zone could also be hit in combination with the upper short trendline which hasn't been retested yet after breaking through. It will probably come back up to the pink zone and could move sideways as well since there has been an important zone in the past.
Beyond Technical AnalysisTrend AnalysisWave Analysis

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