Bitcoin consilidating between 56.000 and 58.000. New ATH soon?

2 Mei 2021

BTCUSDT

I like to keep my analysis simple and that works for me :)

It looks like Bitcoin is consolidating between 56000 and 58000.
Looks like we have support on the previous resistance level around 56000.
Stochastic RSI seems to (almost) indicates that BTC is oversold and we can expect a pump to the upside like we have seen before.
I like to share my thoughts with you guys and see whether I am right in the coming 24 hours (God Willing).

PS: Follow if you like my simple trading strategies. They work pretty OK for me ;)
Please do not take my analysis as financial advice, because it is absolutely not advice.