There were many cryptos having inside days yesterday. Technically speaking, this bat pattern drawn has already failed; while it didn't break 10.00 fig and it has this inside day after breaking the X point.
People may get emotional when their positions got stopped out and bounced right after they realized their loss. That may become a potential buying momentum for this inside day breakout (those who got stopped out retake the trade) It's still a very interesting inside day to watch.
Of course, if it breaks to the downside first, this trade doesn't exist anymore.
Let's see how it goes!
Order cancelled
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Broke to the downside, this trade doesn't exist anymore~