BitcoinLong
BTCUSD | ROAD TO 50,000
Good Morning Traders,
I may now seem like a broken record, but I can only illustrate what the charts show me.
the illustration here, is indicative of a continuation type formation these types have become more common around crypto especially with bitcoin suggesting intuitional influence.
I'm expecting a slight pullback and a breakout of this structure, highlighted with the upper purple line.
I will look to the 5min and lower to see how we do break out of this formation.
simply now a matter of waiting.
I may now seem like a broken record, but I can only illustrate what the charts show me.
the illustration here, is indicative of a continuation type formation these types have become more common around crypto especially with bitcoin suggesting intuitional influence.
I'm expecting a slight pullback and a breakout of this structure, highlighted with the upper purple line.
I will look to the 5min and lower to see how we do break out of this formation.
simply now a matter of waiting.
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