In light blue are the key price points showing up. Also, a new channel possibly showing in rainbow (old channel in white). I am long term HyperBull. Currently feeling neutral, if price bounces up here from the ~$56K I will be bullish short term, if it keeps descending I will be bearish very short term.
A few weeks back I identified* these key resistance lines (in green) and the movements over these last few weeks have been hitting them right on. Given the increase in volume and overall sentiment I think we will see a bull market starting soon at least until the next resistance around $10700. *intuitively, as in just by eye rather than by algorithm. Given that I...
This is my first ever chart idea, just trying to figure out why the price came up when everyone I trusted was saying bear market. Identifying resistance markers from the last 6 months on the recent movement. All the best Nels