BTCUSD

As I was telling you the other day, I waited to see how May closes in order to be able to make a correlation between the charts for a week and a month! As you can see BTC rejected and closed over the Fibonacci 0.5 area and now I expect a new UP move but not as energetic as in previous months! probably 20-25% up to the 41500 area after which ... I think they should go down and test the Fonacci 618 to accumulate BUY again! I gave you this example because BTC is the most important and well-known crypto currency and it is practically the one that gives the trend in the market.

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*This information is not a Financial Advice.