I guess the puzzle now can NOT be solved easily just by simple S/R lines.
It's close to halving,even convenience store's lady knows some coin is about to halving :)
So is it bull up right on time? is it the smart money want?
I accidentally saw Wyckoff’s Accumulation Schematics from @monetae_anon 's chart.
It's good knowledge to learn and thanks monetae_anon for sharing.
So i try to draw something here and still not guarantee it's working,but just look at it.
During halving we have exact bull momentum above global red resistance plus it stays inside 2 uptrends that can give people illusion that BTC breaks the global downtrend and sell everything bull up BTC .
One thing i learned is that smart money never trade by news.
So i guess during halving, it will hold till all people start to loss patient then launch this rocket.
Please comment and share.
Thank you for your time.