BTC/USD Plausible price action
The coin is into an ABCDE correction waves and moves between a support and a resistance lines with an intention to burst out after the competition of the E-th wave. Usually, this type of consolidation is bullish but crypto might surprise us. Even so, after the plausible breakout, the price will head for its long term resistance line.
*Disclaimer: this is for educational purposes only*
*Disclaimer: this is for educational purposes only*
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.