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BTCUSD: Bullish Shark within a Bullish Rectangle at the 200 SMA

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Bitcoin / TetherUS PERPETUAL CONTRACT (BINANCE:BTCUSDT.P)  
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BINANCE:BTCUSDT.P   Bitcoin / TetherUS PERPETUAL CONTRACT
Harmonic Patterns Technical Indicators Chart Patterns ranges Bullish Shark 200sma BTCUSD Bullish Divergence bullishrange
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harmonicpatterns indicator chartpattern ranges bullishshark 200sma btcusd bullishdivergence bullishrange
BTC is sitting at a confluence zone of the 200 SMA and 1.13 Bullish Shark PCZ while showing heavy amounts of MACD Bullish Divergence; If this area holds i think BTC could go up to target the 2.618 Fibonacci Extension at $27,275.50.

If it fails to hold above this level of confluence then it will likely flush down to an 88.6% retrace below
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