BTC - getting squeezed out for BITFINEX:BTCUSD by imkeshav — TradingView

Trend Analysis Wave Analysis Chart Patterns BTC BTCUSD

trendanalysis waveanalysis chartpattern btc btcusd

BTC found resistance again at the downward trend-line. The price is getting squeezed tighter and tighter, it will eventually burst out in either direction. I'm learning towards an upward hike

Be Aware. Be Safe

Comment:

We broke out of the downward trend line but finding resistance at 50 Day EMA (orange)

snapshot

Comment:

All good

snapshot

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