Tupelo20

Tupelo20 Updated 

I would say that the bears still have the upper hand if you look at the year overview we are certainly not on the verge of a breakout but just , oozing down the downward funnel I expect resistance at 3200 and 3000 dollar points. My opinion sell BTC now buy back in at a lower price, I don not think HODL will give you much, unless you bought BTC bank in the days...

Tupelo20

Its bear season and Winneh the Poeh is not bringing honey,................... several deep dives means we are going to test 3000 in a short time. Looking at the yearly chart we are not on the verge of making a break upwards we infact nicely foloowing the bearish trendline. I sold my stuff and I am waiting to rebuy at the bottom again....

Tupelo20

The strong rise has made lots crypto owners believe that there is light at the end of the tunnel, as I do agree it was strong pull back on the strong Bear market, it remains to bee seen if the bulls can actually take the momentum. As the market was super volatile the past month Bulls have to be very persistent to keep the momentum, or the common crypto investor...

Tupelo20

the trend is still downwards and there is to much negative FUD to start a bull run. Once the "the regulation storms" tend to fade away I see recovery

Tupelo20 Updated 

If the 9000 line is not reached I forsee a that might even reach 5K the sideways trend is still within The downward trendline of the last month.

Tupelo20

We might have 2 scenarios my previous posted Idea where the market needs to break the top Fib Line. But also where it might break the channel fot the last week and end up being bear market for at least another few weeks

Tupelo20

If this line does not have a solid breakthrough we will be moving sideways and the Bearish market will still have change to drag the market down. Due to several circumstances like Binance "DDOS" "Maintenance "issue I find it positive that bull run was established without the Asian market.

Tupelo20

Ik we follow the fib lines it needs to break the top result lines if it does not and falls trough the bottom we would could see a double bottom scenario.