I have seen a few analyses that suppose this pattern is a diverse pattern and the coin will dump soon!
but if you see this perspective you recognize the neckline is on the bottom line of the ascending channel!
I believe we should insist on a bullish trend unless the neckline and the bottom line of the channel will break down! so there is no reason for concern as far as the neckline works like resistance level!
as I mentioned before this kind of divergence is fake let’s hope this time will be fake too!
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@melikatrader94, I think $60000 [ $61333 to $63333 ] is going to hold very strong. It appears that $60000 has been tested with more time by the recent $73333 to $60000 decline for testing $60000 as the new bottom. $60000 seems to be passing the test as it has been able to hold with the selling pressure [ recent $73333 to $60000 ] by now heading to $70000 for part or all of: week4 and/or week1 (next 14 days).