what I am wondering is how a breakout with falling volumes is possible, both Spot and Futures. Isn't it possible that it's just enthusiasm for the news of POSSIBLE Bitcoin regularization in Russia ?? Are we facing a real breakout or should we expect a new test and a continuation pattern? Or are we even seeing a fake breakout ??
With the gann fans I sized in a gann square and faced it all 4 ways to see the respect areas.
back in the 60's !!!! thats enough falling off the cliff for now a rotation back into BTC as profit-taking makes sense for a couple of weeks.
Bitcoin Laser Eye Bull Scenario Sweep the Lows Send through ATH 64K Watch out for rejection at 73-74K Fib and 80K Clear those and road to 100k is possible
$MKR basing bullish triangle with support by MA50 .
Simple support and resistance. With added RSI to show cycle tops. If we get a move soon expect resistance around 80k.
Reasons NOT to Enter....Yet 1. If this wasn't BTC you'd wait longer 2. No clear indication of Up-Trend continuation 3. We can still fall to the TL 4. Most Technical Indicators suggesting more depreciation 5. Elon Musk is tweeting 6. No clear signs of buyer pressure 7. Haven't retest broken structure at ATH. If you can find multiple reasons as to why you...
please watch my linked video below in RELATED IDEAS for a detailed description I think this is a big deal.