Hi everyone,
I wanted to share this basic TA revealing some areas of confluence and major support and resistance zones. There's nothing else to this chart besides just that, basic price action.
Right now $BTCUSD has been in a range for an extended period of time however price has been consolidating and slowly squeezing on the daily chart. I expect this to continue for some time until these major areas are broken, then we'll see things pick up in pace.
For now, get comfortable as we may be in a range until the end of this month.
I wanted to share this basic TA revealing some areas of confluence and major support and resistance zones. There's nothing else to this chart besides just that, basic price action.
Right now $BTCUSD has been in a range for an extended period of time however price has been consolidating and slowly squeezing on the daily chart. I expect this to continue for some time until these major areas are broken, then we'll see things pick up in pace.
For now, get comfortable as we may be in a range until the end of this month.