-- Caught support on the descending channel. Below that is more weak support at 6850 and a strong confluence of support at 6750.
-- Buried in resistance going up. Channel trend line (orange), a stronger medium time frame trend (grey), and at 7300.
Not sure where this goes from here or how long we will stay below 7.3k.
Fell out of broadening wedge, still slowly grinding downward, and no movement when BTC bounced as expected. Looks like I will have to wait a while longer to rebuy. Interested in the green support zone area here and think chances of seeing a bounce there are good if BTC cooperates.
