Bitcoin keep bouncing off from this obvious support line but will it last for long? Have a feeling that before the real bull momentum is back, a bigger pullback in price is necessary. Maybe some alts will see gains before the king takes over once again.
Bears won bulls this time and neckline gave up which resulted a quick drop. More downside is quite likely--
This is the place to bounce for $CGC or else a drop lower where there is very tempting area waiting for loading up the $WEED bags
Neckline acts as a strong support, are we soon ready to move higher?
Re-shaped the lines from earlier and staying long as long we don't break below the neckline
Are we in wave 3 inside of bigger wave 3? Earlier price target of around 17.5K still in play and EW seem to follow as planned. Waiting for the break of trendline, probably happen soon.
If bitcoin breaks the neckline of this iH&S and proceed as planned, target based on previous price action is around 17.5K before next heavier correction
Inverted head & shoulders + second wave down. Is this the journey near ATH?
Bitcoin got stopped right there on a same trendline from where we dropped earlier after reaching 9000. Finding a spot for another long play from other lines below.
Might be a good opportunity to try fill longs somewhere there on a trendline below of these two.
Bitcoin seem to find this trendline attractive