thecharttechnician

Flat or Trending Price Action Behaviour with BTC/USD ?

COINBASE:BTCUSD   Bitcoin
This analysis is NOT a FINANCIAL ADVICE. One of the places where most trend following methods is likely to struggle are trading ranges that BTC/USD is in at present if it's HOURLY CHART is analysed. I have marked the boundaries of this trading range with Red Support and Resistance lines to watch.It may continue for few days until it resolves itself one way or another. Which way will the breakout be ? Anyone's guess is good as mine.
Analysis continues.....
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