I see this as a repeating pattern. It needs to touch the trend line for a third time. Then once everyone feels the pain...the morning comes and we continue on up.
The good part about this? Once Bitcoin corrects and begins it's new uptrend, I believe alts are going to follow this time. Most of them have bottomed out. I'm super bullish on the whole market once this correction is over.
The good part about this? Once Bitcoin corrects and begins it's new uptrend, I believe alts are going to follow this time. Most of them have bottomed out. I'm super bullish on the whole market once this correction is over.
Note
Hitting some resistance again. The longer it takes to break this, the harder we go down. It's not over yet, closing above this line is bullish:Note
RSI is getting tired too. Notice the series of "double tops" on StochNote
Still in play imo
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.