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STRAT new cycle ahead ?

By casrules
Updated
strat bottomed out ? first we need to see some volume coming back and a breakout of the downtrend. Maybe new cycle ahead of us.
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testing downtrend resistance and W top. If we break this i will open a position and see if its worth it. Currently not trading this.

snapshot
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No breakout. Full retrace. Probably forming a Spring or even worse. Thats why you dont enter a position until breakout confirmation.
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Support holding strong for now. Giving more hope to hold. Just wait and see what happens.
BTCBullish PatternsChart PatternsCyclesHarmonic PatternsstratTrend Analysis
casrules
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