I could be the lone bear that dies on this hill. (1day Heikin)
While admittedly having no clue as to what's going on right now, I see two paths for BTC. One considers reclaiming the levels we dumped to in spring 2021 as support (BULLISH). The other assumes we form a local top at current levels and establish a megaphone pattern (BEARISH) pivoting around the 1.4 fib line. Only time will tell.
تعليق:
Updated picture, BTC broke above my initial upper trendline assumption, and has now hit resistance at the anchored VWAP taken from May 20th
تعليق:
Megaphone pattern still a possibility, we'll have to wait and see if we retest the 1 fib, or continue higher breaking our current resistance at the vwap line.
