I found it! Yes, there is always a hidden trend in a chart, that isn´t just about connecting the highest higs and lowest lows. There is something in the middle, but the price clearly respects that. Just check the picture, there is ALWAYS a reaction, when the market gets to the border of this downtrend. I have marked it with orange lines, so you can clearly see that it isn´ t some accidental downtrend, but it is each case!
Even these days, when we are by the rezistance line of the channel, we can see clear bounce down from there.
So now what?
I won´t lie you guys - nobody, really NOBODY knows. at this moment we don´t know what will be reaction for the border, but we see a re-test of this level, so there is a high chance that we´ll get through it to the upside, but even if we do, I am not buying, we are in a middle of mine field. There is so many major rezistances, that it seems more like one HUGE rezistance and I am not buying into this.
In my opinion there is a really going to be one more whale dump, because this opportunity is just great for them. And when this happens I don´t want to own BTC because believe me, it will hurt a lot.
Most of altcoins are actually going pretty good and I believe they have seen the bottom, but not BTC, no.
Have an awesome trades and don´t forget to give me a like. If you want to get such an awesome information regullarly, that NOBODY ELSE GIVES YOU, please follow :)
Even these days, when we are by the rezistance line of the channel, we can see clear bounce down from there.
So now what?
I won´t lie you guys - nobody, really NOBODY knows. at this moment we don´t know what will be reaction for the border, but we see a re-test of this level, so there is a high chance that we´ll get through it to the upside, but even if we do, I am not buying, we are in a middle of mine field. There is so many major rezistances, that it seems more like one HUGE rezistance and I am not buying into this.
In my opinion there is a really going to be one more whale dump, because this opportunity is just great for them. And when this happens I don´t want to own BTC because believe me, it will hurt a lot.
Most of altcoins are actually going pretty good and I believe they have seen the bottom, but not BTC, no.
Have an awesome trades and don´t forget to give me a like. If you want to get such an awesome information regullarly, that NOBODY ELSE GIVES YOU, please follow :)