Bitcoin

AGORAS (AGRS) is consolidating and it could potentially last a bit longer. Often, these consolidations can progress until price gets closer and closer to the apex of the triangle. The apex is the point where the two lines intersect. From the perspective of buyers and sellers, the contracting lines of the triangle make the degree of price movement less and less. Give that this current triangle is wave iv of an impulse; as price gets closer to the apex point, the agitation of the buyers become larger and larger until price explodes up. Now, this is not guaranteed by no means as Technical Analysis is not that of certainty but probability. So, if the next likely wave is (v); then price should breach the triangle in the upwards direction.