keep_it_simple

NO REASON TO PANIC! Price is in a pull-back.

BITSTAMP:BTCUSD   Bitcoin
ABCDE done in a triangle.
Upper line of a triangle broken.
Price seems to be in a pull back.
Price expected to drop till the upper line of the triangle.
Price will most probably bounce once it touches the upper line of the triangle.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.