as you see we are deep down
It falls on the upper vertex and I guess it's time to show the next path!
I agree that it's not a good triangle but let see what will happen
we aren't lower than this except 6 month ago that we came back from 154!
the purple line is price that touched once about a year ago and after some days price didn't fall even lower than the green...
let see where are we
exactly at upper line of channel that I draw after some days of bloody days after corona that we are for some months!
but just broke monthly fib and daily!
RSI about 79 !
volume is going a little upper these days
and US election result still uncertain (and I guess the effect on BTC uncertain too!)
I'm not trading right now and I'm just...
everything is clear on the chart :)
right now It's couple of days that MA 100 try hard to hold us and btc also trying to go down!
aftare touching the gap I gues we move up fast, we have 2.5y resistance on that era that it should be strong support right now!
we also have EMA 200 on there so I hope all of them make a strange support zone
we trap in a triangle so I guess some range candle again until it breaks one side
under us we have 1 strong 2.5y resistance that I guess now it should acct as a strong support, I hope so :D
we have a CME gap that doesn't fill completely so I guess we touch that area (~9650) and then we came back and go straight up
I hope so!
It's my analysis that i published! I'm...