We fought hard at the yellow line and held support. Won a battle and proceeded to make a bullish move yesterday evening. We've pulled back overnight.
I'd like to see Bitcoin make an ascending triangle and work its way back to the key $16k area and attack that green line. We might just continue building this consolidating box as well.
Still have to hold that orange line to avoid testing lows. I don't want to come near it as we exhausted buyers in that area and I just don't think there will be enough left to defend it again.
I'd like to see Bitcoin make an ascending triangle and work its way back to the key $16k area and attack that green line. We might just continue building this consolidating box as well.
Still have to hold that orange line to avoid testing lows. I don't want to come near it as we exhausted buyers in that area and I just don't think there will be enough left to defend it again.
