China Stocks will fly pretty high. Why? They won the virus war.
4H fractal with March 20210 crash
A bounce usually takes 3 days to complete.
If XRP fails to break the red area resistance, a long consolidation may happen til Sep. Of course I hope not :-)
I hope this will not happen but just post it here for the plan B preparation.
$55K is a good area to reduce risk. It still wants to correct to Fib 0.618 $40K~$43K in May.
Will bounce to Fib 0.78 (1.6~1.8)
If Bitcoin breaks $56K with high volume in the next two days then 2017 Bear Trap will occur all over again.
Any price drop in the area $40~$45K is a gift.
If Bitcoin goes to $40~46K range, it will be a gift.