Price action analysis - BTCUSDT
Updated
- We are having a pretty neutral structure after a big bearish impulsive move. Previous price action gives unclear signals of whether it will be a continuation pattern or a reversal to the bullish.
- I'm just waiting for this structure to consolidate and for a breakout to happen, and to form a continuation pattern to a further impulsive move
- I'm just waiting for this structure to consolidate and for a breakout to happen, and to form a continuation pattern to a further impulsive move
Note
It eventually broke upwards and the channel turned out to be a continuación correction, but overall could have been a really good entry
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