@wildbeast, we will see.... This is just more precise version of another Chart I published 2 years and which is mainly working...
coin8300
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Expecting this current chart to play out like the last chart within such a tight range, literally matching each and every up and down, is ridiculous.
ciekawy
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why the ATH downtrend diagonal reflect where we are now and not the actuall ATH point?
I know there can be always some argument provided yet drawing that line through the ATH and ~6.5k drop point, monthly and weekly close was noticeably above the downtrend. Still this can be a bull trap, especially considering number of other resistances above.
viparmenia
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@ciekawy, fluctuation are only corrections that could be ignored
ciekawy
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@viparmenia, not sure if I got you. WOuld like to understand better if there is any reason for starting the ATH down trend line from ~19150 Nov end and not ~ 19800 mid of Dec
viparmenia
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@ciekawy, ok sorry my mistake, I thought you mean the fluctuation near 66000. But ATH 19150 instead of 19800 is just mistake, but it makes not so much difference