1.52 general support area - close below support invalidates strategy
After Hitting the ATH - $ONE has proceeded into a bearish selling retracement. 0.07 USD seems to be the general support area we must reclaim 0.16 in order to fuel for an attack of 0.21 and push on from there.....
Unfortunately i don't believe BTC is ready for its return to the ATH . I see the current pennant as a bearish signal with the pennant creation from the higher high to the low - Consequently making lower lows and lower highs as the pennant develops. Test on 30K again at some point - possible wick only We saw the initial huge drop and slowly but surely, on each...
Unfortunately i dont believe BTC is ready for its return to the ATH. I see the current pennant as a bearish signal with the pennant creation from the higher high to the low - Consequently making lower lows and lower highs as the pennant develops. Test on 30K again at some point - possible wick only
fall below initial target flipped resistance to support invalidates the strategy - targets in blue
Follow Support lines - Pink Major general trend still in play ... Follow the FIB - trend is your friend until it isnt