Not bullish nor bearish on this one, simply want to talk about a few things I've found on both sides of the isle.
Bullish:
We are currently sitting right on top of one of our Fib Boll Bands
We are currently sitting right on the bottom of our Ichi cloud
Our current low, which has already shown sign of a bounce, is higher than our previous low
We are near or completely on the Bottom of our stoch indicator
Bearish:
We are in a clear downward wedge
We are not yet at the bottom of that wedge
Our stoch indicators have not completely bottomed out as we know they can
Check out my main post on btc's price action below,
Bullish:
We are currently sitting right on top of one of our Fib Boll Bands
We are currently sitting right on the bottom of our Ichi cloud
Our current low, which has already shown sign of a bounce, is higher than our previous low
We are near or completely on the Bottom of our stoch indicator
Bearish:
We are in a clear downward wedge
We are not yet at the bottom of that wedge
Our stoch indicators have not completely bottomed out as we know they can
Check out my main post on btc's price action below,
Comment:
Previous support is now acting as resistance, this is bearish af
