This could be the biggest Trap ever created... a Big ascending T in a bear market?. if this continues to the whole October, which is very unlikely to me, and keeps building higher lows...that would be a pattern i wont like to see completed.i don't rely on ascending T only, because they usually are fake, but i guess that's the last opportunity to increase Longs.
Obviously Bear market is stronger, selling is a bit stronger than buying pressure, and there is no volume in bulls side either that can make a real fight here... but these guys can long this with tiny higher highs or maintain a single resistance and build only higher lows, until the moment comes of course.
So I will left this neutral analysis, vey uncertain, the real thing is that I see 50-50 chances here at the moment, although Bear market is still on and I don't consider 6k as a Bottom, you can check in my older ideas (I will attach the links below.)
just a friendly advice if you want to survive, manage your portfolio correctly.
Market will make us suffer until the end of days.
Obviously Bear market is stronger, selling is a bit stronger than buying pressure, and there is no volume in bulls side either that can make a real fight here... but these guys can long this with tiny higher highs or maintain a single resistance and build only higher lows, until the moment comes of course.
So I will left this neutral analysis, vey uncertain, the real thing is that I see 50-50 chances here at the moment, although Bear market is still on and I don't consider 6k as a Bottom, you can check in my older ideas (I will attach the links below.)
just a friendly advice if you want to survive, manage your portfolio correctly.
Market will make us suffer until the end of days.
