1. Quintuple testing of the same resistance trendline? (A) 2. BTC bottomed out on channel? (@RELATED IDEAS) 3. RSI approaching testing above 50 again? (50 RSI<X<60.11) 4. Quadruple testing of horizontal support (now resistance)? (B) There will be some slight downward movements as in april/may, with a high chance for a breakout afterwards, as with most...
seems that for almost a month sellers love that purple resistance we then have 3 more res. if we break it as it once did around 31jan it will need more buyers to withstand the sellers pressure and even go beyond the dump treshold. but also the white line acts as a dynamic support and doesn't let it fall below, so we see our buyers loving it and dearly defending...
And too easy to trade. Expect the unexpected.
could we be entering a step-based bear market for the next few months?