New downward channel forming (note inverted chart). Expected it to follow the blue line. In this new descending channel it seems bitcoin is struggling to even oscillate through here and is getting forced down faster than i had anticipated (see my other chart). Looking to buy around 25k and then again 20-21k.
Comment:
If we hit 25k (ill be aiming for 25.2 to be safe). I expect the bounce back will be quite fast. But i dont think will last before heading back to 20-21k to fill the CME gap there.
Comment:
Rebound happened off support as expected! This graph is holding up fairly well! ....
Comment:
Hit resistance. May turn. Seems graph still holding up all be it things happening faster than expected
