Market is still bearish !!
Even though inverse head and shoulders is in the making, the potential of it moving up is only 30% in my opinion. We need to break 36.6K resistance too. Two scenarios are pathed with a possibility of ascending triangle.
NB : Even if we break upside possibility of it being a bull trap is high.
"Miners are selling and 15k
BTC flowed into exchanges since yesterday.
We might have second dumping." - Ki Young Ju
NB : Even if we break upside possibility of it being a bull trap is high.
"Miners are selling and 15k
BTC flowed into exchanges since yesterday. We might have second dumping." - Ki Young Ju
Order cancelled
The ascending triangle in the above chart had only two touches. It broke out and made a new more retested trendline below. I will update it soon.
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