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fxinvestmk
Jun 15, 2021 6:26 AM

Bitcoin, H4 - Accumulation process before breakout? Short

COINBASE:BTCUSD240
Bitcoin / United States DollarCoinbase

Description

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We can see wide sideways move. Price is approaching to resistance that is made of 38.2 fibo and AB=CD. Possible some pullback down. If this is accumulation process, breakout from this range move will bring some uptrend.
AB=CDFibonacciSupport and ResistanceBitcoin (Cryptocurrency)setupFibonacci Cluster
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