BTCUSD Bullish Harmonic, Price Action, Trend| .618 Fibonacci

Evening Traders,

Today’s analysis – BTCUSD – trading at a key trade location where a bullish reaction is probable,

Points to consider,
- Price Action Impulsive
- .618 Fibonacci Support
(Market Structure Support)
- Gartley C Pattern
- Low Volume

BTCUSD’s immediate price action is trading a key trade location where a trend reversal is probable, allowing for a bullish bias.

The market structure support is being tested currently, holding this level is critical for a bullish bias.

The current volume profile is below average, an influx is highly imminent when testing key trade locations.

Overall, in my opinion, BTCUSD is a valid long with defined risk, price action is to be used upon discretion/ management.

Hope this analysis helps,

Thank you for following my work

And remember,

“There is a huge difference between a good trade and good trading.” – Steve Burns