BTC - Convergence of support in an uptrend!

От JamesBrown
We see a convergence of support happening around 41K between the 200 day SMA, the local high (LH), AB = CD on the last two corrective waves, and the 38.2% retracement between ATH and the cycle bottom (CB) from the "virus correction".

Could be a decent spot to take a swing position, or even to load up with a longer-term outlook :)
Bitcoin (Cryptocurrency)BTCBTCUSDBullish PatternsChart PatternsTrend AnalysisWave Analysis
JamesBrown

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