The movement follow exactly descending wedge in the past. Ethe did a very good job to exit the wedge; however, volume is not big enough for further uptrend.
This pull back's purpose is to gain enough volume for the next rise. I still stand out until higher buyer's volume appear. (I still expected another drop if we still have low trading volume).
What we need now is a signal and btc continue to side walk.
This pull back's purpose is to gain enough volume for the next rise. I still stand out until higher buyer's volume appear. (I still expected another drop if we still have low trading volume).
What we need now is a signal and btc continue to side walk.
Comment:
A low buy volume push price go down and stay on top of the trend line