Bear market not over?
Updated
Just an observation with some possibilities. Do not trade this chart. If you consider Oct 15th 2018 Tether debacle, we may still be stuck in this downtrend channel.
Everyone thinks we got a breakout. Not so sure looking at this.
Everyone thinks we got a breakout. Not so sure looking at this.
Note
Definitely broke the channel for now, lets see where we close on the weekly.This could get beary interesting if we close back in the channel. If we find support on top of this downtrend line and close above it I think the bear market is for sure over. See my other chart "just playing with pitchforks" imo you can clearly see where we find support in the future. Thanks.
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