Still some uncertainty in the market.
I believe we are on the next leg up to new ATH.
"Lines or nothing at all" - Monsieur Gato
I believe we are on the next leg up to new ATH.
"Lines or nothing at all" - Monsieur Gato
Note
Apologies, as one of my resistance lines were not locked in.
Red arrow shows where that double red line should actually be.
Trade active
W's= Win
Crossed over the moving average.
Let's wait and see it can stay above this next resistance level.
Trade active
BTC formed a double bottom, but failed to break through resistance falling again to support lines.
We can take this as two ways.
Positive - Formed a triple bottom now, which could lead to a reversal from the bear trend.
Negative - Looks like Head & Shoulders pattern has formed, seemingly siding with the more bearish future tendencies.
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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.