overhang above the level support. Waiting for the altseason!
what do you think?
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Hey Yuri I think your charts and analysis are sometimes beginning to directly contradict one another lol is that because it’s your team posting not just you now?. You posted a btc.d chart with a the middle blue line as support predicting uptrend line instead of this downtrend -
I actually agree with the above much more and previously sent you my idea on the other chart which looks just like this so gives me some confidence but just wondering why the change of heart I guess
floring67
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@JamesVitaly, I think that was before hitting the upper resistance. The double top usually calls for trend reversal, which suggests the support would be broken and turn into resistance.
JamesVitaly
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@floring67, Maybe but I don't think so - his trend line was pretty different
floring67
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@JamesVitaly, yeah, but the target of the breakout was hit at the resistance, where we didn't have another breakout, we were rejected. I don't think he was saying the range would be broken. Now he is saying it, but cannot know for sure neither.
I actually agree with the above much more and previously sent you my idea on the other chart which looks just like this so gives me some confidence but just wondering why the change of heart I guess