⚡️Simple enough to see we've got just about what we need to see already here for us thanks to those handy markings we've had. Can see how we slipped below my $20,700 mark before regaining our footing by which now comes the next big test of whether or not we can actually sustain things and hold our ground up here or ultimately give in to the bears and fall below that red mark leading us further and into more support battles.
⚡️We basically went to $20,500 so we'll set that as a real minor marking since it matches up with three of our other points. One point is a support and the other is a top so by that we can estimate $20,500 to be a decision point for our trends direction if that still applies of course.
⚡️Don't want to give too much but we're still holding our weight above that 200 EMA and honestly I wouldn't be surprised to see us fall down as we still have yet to really see another mountain half yet as we usually do, especially after an impulse move like this which we've seen many times over. The breakout happens by which then the ground is held for a few days before it's lost and regained at a higher support or low than the previous mountain. Basically if things follow as they've been we'll see some form of a drop in soon or in the next few days.
⚡️I could be wrong and honestly I hope but just tell things as I've seen them and past price action has shown us, it's a very possible scenario so keep that in the back of your head for thought and check out the past times we've seen this pattern form and what's happened. Either way I'm happy with the progress crypto has made this week and I'm real tired from work so I'm just leaving stuff here and wishing well. If you'd like to leave a like or follow it'd be much appreciated as always, thank you!
~ Rock '
⚡️We basically went to $20,500 so we'll set that as a real minor marking since it matches up with three of our other points. One point is a support and the other is a top so by that we can estimate $20,500 to be a decision point for our trends direction if that still applies of course.
⚡️Don't want to give too much but we're still holding our weight above that 200 EMA and honestly I wouldn't be surprised to see us fall down as we still have yet to really see another mountain half yet as we usually do, especially after an impulse move like this which we've seen many times over. The breakout happens by which then the ground is held for a few days before it's lost and regained at a higher support or low than the previous mountain. Basically if things follow as they've been we'll see some form of a drop in soon or in the next few days.
⚡️I could be wrong and honestly I hope but just tell things as I've seen them and past price action has shown us, it's a very possible scenario so keep that in the back of your head for thought and check out the past times we've seen this pattern form and what's happened. Either way I'm happy with the progress crypto has made this week and I'm real tired from work so I'm just leaving stuff here and wishing well. If you'd like to leave a like or follow it'd be much appreciated as always, thank you!
~ Rock '
