clusterr

clusterr Updated 

As you can see the trendline broke down creating a downtrend. A hammer was drawn indicating reversal but it failed to break the short term resistance.

clusterr Updated 

The second trendline got broken and later denied trying to reclaim. 4h frame was also heavily overbought and some dojis and a drop in volume at the top also indicated downwards movement. Now the price is headed back to the initial uptrendline. 1h is showing indecisive candles which could indicate a reversal, it also fits with the trendline. If the price breaks...

clusterr

bitcoin