Breakout or breakdown?
Updated
A little close-up action: will BTSBTC stay inside the Fib channel shown here (so move down towards 1500 says) or break out through the top?
Bear in mind that, on a larger scale, we have been dancing around the same trendline of another (larger) fib channel for a day or two now. Decisive action will come within the next 24 hours.
Bear in mind that, on a larger scale, we have been dancing around the same trendline of another (larger) fib channel for a day or two now. Decisive action will come within the next 24 hours.
Comment
Haha - it's always important to remember that there are 3 options for markets to move: up, down and siiiiiiiiiiideways! :-) Man, crypto sure is at a boring point right now. As I said before: everybody is just waiting for others to start buying, and then everyone will jump on board because they think the 2017 end-of-year crypto-rush will happen again. But because everyone is waiting, noone is buying...Related publications
Disclaimer
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.