Rising wedge potentially breaking into a larger bear flag . Sellers will be looking to turn at the .50.
With the first short squeeze out of the way, I expect we will slowly move up until reaching heavy resistance at 87XX - 88XX before re-testing support below.
Very interesting week coming up fundamentally which could affect the markets.
BTC looking very healthy.
Same sentiment as our previous idea, we now have more confirmations and a clearer picture of the wave cycle.
Don't be afraid of the down trend. Building market structure is good for us all, and it is priming our beloved ALTs for a big summer (perhaps sooner!).
Continue to be patient, and the charts will tell you all you need to know.