stocks always seem to follow certain technical analysis although can be broken, also the norm is 3 touches to either resistance or support.
after bouncing off of support, will BTC hit the trendline?
now to see if it comes back to the support trendline
3 is usually a key number for bounces, breakouts, etc... and as always the red arrow was painted at the beginning of the line.
(red arrow was painted before the strong move up, also note the faint 1.618 rejection)
tiny boot pattern before forming the eventual bigger boot
Usually UMA spikes up and most cryptos and stocks move in 10% intervals and tends to fail halfway to the next 1.618
