The BTCUSD is in a consolidation, this pattern could be 3 waves or 5 waves before it breaks out. Breaking the bottom of this pattern negates it .
Comments
anilmangal
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LOOKS LIKE THE BREAK IS FINALLY HAPPENING !!
mac019
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Let's watch and see
purpurato59
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This makes sense, I like analysis simple and clear, not those graphs with 1000 lines and indicators.
I am watching closely the resistance/support line around 236 which we seem to be breaking now. We've been around that since january, and apparently we're now getting away.
taniab
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moving up
jakeshake
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You identify the wave structure very well. I appreciate the clarity your charts provide. :)