I'm breaking TA rules here and using a fork in a slightly improper way I know, BUT, "Trust me bro, I've made bongs with less" . . Bonus points if you get the vague movie reference (I don't actually "toke up").
Getting down to business here, just look at the conformity and the historical Golden trendline. We may not be able to short this beauty at the mid-line BUT we can see where it's probably headed along with all of crypto if you're down for a long. To be clear, I would not long until your feet touch the road, avoid the midline.
Follow the Yellow Brick Road my dudes :)
Disclaimer : Not Investment Advice, DYOR
Getting down to business here, just look at the conformity and the historical Golden trendline. We may not be able to short this beauty at the mid-line BUT we can see where it's probably headed along with all of crypto if you're down for a long. To be clear, I would not long until your feet touch the road, avoid the midline.
Follow the Yellow Brick Road my dudes :)
Disclaimer : Not Investment Advice, DYOR
Comment:
Adding a Fib channel for more clarity
Trade active:
Kinda toppy and end of cycle?
Trade active:
just a quick update here, def got into our trade zone here (for long), current level could show us a W bottom, let's find out eh?