@jamshaid883, 0.36 seems a bit low if you look at the horizontal zone here. Don't you think it can go to at least .375 if it breaks through resistance? Same with the .45 region, I drew my resistance a bit higher towards .46 even. What did you use to get to those numbers?
)Prices have been below the MA the downside (actually all the way to $0.17) is therefore greater than the upside, I agree. But I think when the breakout occurs, the institutional volume will be so fast it will tear the resistance you have shown easily. This will correlate with a massive slide in BTCUSD. Retail traders don't have enough time to place buy orders except market buy and by the time that is concluded it will be at the top of the buying climax before it ranges again. I disagree there will be gradual higher highs and higher lows now but only after that sudden spike during consolidation.