BTC/USD Plausible price action

٩ أبريل ٢٠١٨

The coin is into an ABCDE correction waves and moves between a support and a resistance lines with an intention to burst out after the competition of the E-th wave. Usually, this type of consolidation is bullish but crypto might surprise us. Even so, after the plausible breakout, the price will head for its long term resistance line.
*Disclaimer: this is for educational purposes only*