BTCUSD Wave Analysis

28 de out. de 2019

BTC was in consolidation, been making good profits on the small swings. However, be ready for another massive move as we prepare to break out of our current consolidation area. My hunch is we will have a fakeout move up, down & then return to the upwards trend to hit 10726 resistance line. This is a strong resistance line as you see another weekly resistance line lays just above that area at 10779. When we move down be prepared to bounce off of the 8781 support line. These lines are just a prediction, and what I feel may be likely, love to hear others view on what may be happening next.