Depending on if I use log or linear scale, we are currently at trend resistance or support.
Above is the log scale and the trend line from March drop has been broken and is now acting as resistance.
Below I have the linear which is more bullish in that it's a perfect drop to trend support.
in both cases, there is an ascending triangle which is apparent on lower timeframes.
As usual, depends on big daddy bitcoin and apparently whether or not Elon wakes up on the wrong side of the bed.
Above is the log scale and the trend line from March drop has been broken and is now acting as resistance.
Below I have the linear which is more bullish in that it's a perfect drop to trend support.
in both cases, there is an ascending triangle which is apparent on lower timeframes.
As usual, depends on big daddy bitcoin and apparently whether or not Elon wakes up on the wrong side of the bed.
Comment:
Bearish retest on bear trap?
XRP actually looks to be in the right direction in terms of the SEC case.
XRP actually looks to be in the right direction in terms of the SEC case.
4Hr