Last night we closed above resistance level and tonight we will see if we hold the level. At this time it seems we might be at trend reversal situation, but there's a chance we go check lower levels too. That's why I put the 'neutral' thing, but I'm set for bull market :) Good luck and remember: risk management is very important for long lasting success.
Let's see if we break all the lines I drew from extrapolated data from the start with fiboncci. Hopefully the old marks live up to them like always. I've seen this too many times already and I got a feeling it's happenings.
Bitmex chart for timing the trades. It take into account funding and withdrawal tymes, bro!
Are we breaking the downtrend? As far as I'm concerned we have two trends to break: the one with steeper angle and another with more gentle angle. As you can see we can predict the timing of breakouts very accurately with straight lines. This graph shows that we have broke out of steeper angle trend and poked little bit of gentler one. In my book we need to...