i dont completely disagree with your TA but there is some issues having to do with the MM(s) and them having their longs at these price ranges 47, 53, 57. now if i am being honest 47 seems like it could happen but 53 and 57 are quite a ways away imo. Now if we look at the lower prices we can also see that there is a different story not saying that the MM(s) dont have liquid positions but very few do. so could we see low 30s yes could we gap up to 47k and grab that liquidity before heading down yes. either way these areas are gonna be hit.
cryptocult-OMC
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@PsuCryptoGuy, Valid points. thick line is my expectations by technical. and dotted line is by fundamental media/news push. i don't know what they wanna do with us... thanks for your respectable comment. i learned something .have a great time.....