Price could not break above resistance, and hit resistance again at 2593 area and dropped. It looks like it could continue as the move is large to the downside. Look to see if 2577 or 2570 will hold as support
Price has run up a bit higher after hitting the 2562 support level here. We are currently near resistance, so price needs to break higher and retest 2577 possibly as support to be confident that we can move higher.
Price has made its way lower after hitting 2577. We need to watch price here and a little higher at 2577 to see if we have any resistance that would continue the down sloping fork. if price breaks 2562 look for 2541. If price rises above 2577 and tests as support look for the upper sliding parallel as resistance again.
Price has retouched the sliding parallel and showed resistance again. Look to see what price will do here. If we make a move to the upside, we have to break the sliding parallel and retest as support. If we are going to break down to 2480 area, we need a break of the blue line and retest on the way down.
Price has continued higher to get to the top of the blue median line. Look to see if we will continue higher new after hitting support here at 2561.
Price has risen past the upper blue median line parallel. Look to see if we can continue higher again to the warning line 1. I have also drawn in the sliding parallel to show that we may come down to hit it again before continuing higher.
Price is moving higher after touching the lower blue median line. We are now at the sliding parallel resistance again. Look to see what price shall do as we continue, if it can break the sliding parallel and continue higher or not.
Price rose above the triangle, then has now broke down. Look at 2538 and the sliding parallel below as support. If price cantinues lower look for the middle median line as support.
Price has risen and is still testing resistance along the sliding parallel. Look to see if price can break through or if we will come back down to the blue median line.
Price has continued up support on the sliding parallel, and is trying to break 2550. Look to see if we will break and retest as support and continue higher, or if we will drop down to support at 2538.
This pair may go in this direction. Only for education purpose.
Price has hit 2550 area and has pulled back. This is now turning into stronger resistance after hitting it 3 times and falling back. Look to see if price will continue lower and test 2537 again, and also the sliding parallel.
Price has risen to touch the sliding median line parallel. I am looking to see if price will continue higher, but we must break the sliding parrallel, and retest as support. I currently think that price may go into a range soon.
Price has come down from resistance near 2550, and is moving along support an warning line 1. Look to see if price will break down further after touching 2538.
Price has risen higher and is now at near the sliding parallel which could act as resistance. This parallel has had multiple touches before and is showing good frequency.
btc is on major trendline that has marked each top in history except 5k be careful
Price is starting to drop lower, so look at the possible support at the trend line, or the support retest of Warning Line 1. This move has been very powerful, so look to see if we continue upwards to warning line 2.
Price is near the top of the sliding parallel. Look to see if price will break through, and continue higher to the next blue median line higher. We may see support there if this happens, as we have had frequency in the past.