Bullish outlook on Edelweiss. This could potentially be a turning point from the weekly chart, resulting in this market shirting into a 'buy program' and seeking high prices.
The eye symbol resides above old highs - a place where liquidity would be resting in the form of buy-stops. Think of the sellers who are making money selling short, were would there stops...
Technical Analysis and Outlook
The Bitcoin / U.S. Dollar pair is currently trading inside a completed Outer Coin Dip marked at $17,715 . The buyers are destined to defend the Key Support $17,170 level aggressively - Prevalent Buy Zone. Once the price action rebounds off this support/buy zone, it will designate a solid upcoming two-step rally. See 'Weekly...
