BTC - 1,2-jump,3,4Hello .
Before I start, let me say that I did not put those numbers on the chart like this by chance, each of which indicates a state of the market (I will explain later)
What are the truths that exist :
1. The price is close to key support - we will probably see a fakeout which is good :) The reason is that everyone is waiting for the price to support and prepare for it. I promise many of you have set alarms for that area :)
2. Last year, we had an accumulation phase in the same price range that we are in now.
If history repeats itself, we can see bitcoins above $ 60,000 again
Is history repeating itself? (Likes and comments are not taxed)
Likes_and_comments_are_not_taxed
"OMISEGO" sits on good supportHello .
The truth is that the price is on good support .
The trend line also has a good slope .
The price is moving smoothly (I'm sure a number of friends say that because it has become a dead coin) it means to me that the sellers are tired
but......
Because it is possible many people will enter the buying position in this area or those who have already entered and are now at a loss expect the price to be supported. If we see a fakeout, it is not bad and it all makes more sense.
BINANCE:OMGUSDT
Can we see the $20 cake after the break out ?!Hello
What are the facts here?
We are below key support
We have a downtrend
What do I expect?
That I do not expect there is a potential seller in this area
Price can break the trend line and broken support area can also become a fakeout
I think many people are waiting for that trend line to be broken.