Hello Everyone
As you can see we are in a crossroad whether that we can successfully break the long down trend by finding support on the trend line and maybe reach the ATH or we can get rejected and continue the downtrend my money is on the down side more than upside because I think BTC is in a bear market too and this is a sign that you should be careful on your decisions also in the RSI we if you consider this as an uptrend we can come and retest 50 and bounce off of that or we can continue upwards and maybe with a tiny bit of chance reset the rsi but I don't think that this would happen.
Let me know what you think
Have a good weekend
As you can see we are in a crossroad whether that we can successfully break the long down trend by finding support on the trend line and maybe reach the ATH or we can get rejected and continue the downtrend my money is on the down side more than upside because I think BTC is in a bear market too and this is a sign that you should be careful on your decisions also in the RSI we if you consider this as an uptrend we can come and retest 50 and bounce off of that or we can continue upwards and maybe with a tiny bit of chance reset the rsi but I don't think that this would happen.
Let me know what you think
Have a good weekend