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chillcrypto
Dec 21, 2021 4:59 AM

Fakeout vs. breakout, IMHO still following a downward trendline 

Bitcoin / United States DollarCoinbase

Description

I am hopeful we will turn this around soon, but I'm just not sure we have enough powder to push upward out of the downward trend.

We seem to have confirmed the lower support twice and if we are able to post a higher low, who knows, maybe we can turn this around sooner rather than later.

IMHO of course. Not financial advice.

btw the way - thank you TV team for the House Rules. Personally though I think we should auto-hide dumb posts rather than let people know ahead of time. And if this is a dumb post, well then I deserve it. :-)

Comment

A wider view, we are just above a downward trendline.



Can we lift off?

Comment

So far having difficulty getting above the downward trendline.

Comment

Confirmed breakout!?

Comment

Nope. Fakeout confirmed.
Comments
chillcrypto
Back to tapping the lower line:



Is this the confirmation we need?
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