Easy to understand, close under the support and it's bear time.
The Previous Rising Wedge resistance has been support for a while, should we close a daily under it then the odds are in a decent drop down. Perhaps as big as 25% based upon the target of said pattern breakdown.
If the Bitcoin bulls have anything left in the tank, now is the time to show it.
@Richyboy36 Which Indicator did you use for White Energy?
Richyboy36
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@Sooryarp, hey, what do you mean by 'white energy'?
WallStreetWealthy
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@Richyboy36, The Indicators You Used Below the Main Chart?
Richyboy36
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@Sooryarp, ah right. It's just a standard DMI.. I turned the DMI- line into the 'Area' option and turned it grey. Helps me see the DMI cross a lot easier :)