The idea is based on simple MA support action and survey of past price actions(100% technical )
If the hour candle closes forming a upward 38.2 we expect to see an explosion upwards.
Good luck
Bear market confirmed !!📈
We go lower each time we hit the top resistance ....... remember the massive sellout we saw at the 48k pump. Indicators are showing an obvious bear market. This morning all alts are following in the dip.
Price tries to break out (upwards) of the downward channel everytime it hits the bottom line of the channel.
Hopefully we see a good uptrend for a while till it retests and hopefully break out upwards.
