History doesn't necessarily have to repeat! I see a lot of history based derivation for the timelines and price as to when and how high or low bitcoin can sore. As exciting and adrenaline pumping as these ideas seem, the outcome will just be as good as any coin toss! The truth however is the "macro maze" above. I've taken sensible assumptions to derive on the...
oi mate let us have a great week innit? : so what have here is... 1. price respected a major level of resistance 2. after doing so it consolidated for a period of time 3. today it broke below the consolidation phase and formed a LOWER HIGH 4. it is currently retesting so perfect time for entries, i'll be expecting pries to sell till the upward trendline
• market broke a daily trendline, it will probably close above it because the H4 candlestick closed above it • on lower timeframes (H1; H4) an upward trendline has been respected so i'll look for a touch on there then place buy orders
Considering how previous trends indicate a downward direction, the overall moment of MRKR could indicate either a bullish or bearish formation within the next couple of months. Eventually re-adjusting it’s current consolidation value. Not Investment Advice. For Educational and Analytical Purposes Only. (Be Cautious and Stick To Your Plan Rigorously).