Thank you Elon for reversing the trend - he will;l surely announce Doge to be valid for Tesla sales tomorrow or int eh coming days - sentiment just changed.,..
The last time we encountered the historically important 0.032 level, we spent 13 days flirting with the possibility of breaking it to the upside before we succeeded.
We have spent three - four days there during the recent move.
Do folks expect this level to hold for some time before the market decides to maintain/reject it?
The purple trend line looks like it will be respected at this stage - if volatility remains of the coming days, a drop to the green support box is likely.
Here we find critical historical resistance at the 0.032 mark colliding with an aggressive bearish trend line (green).
This trend line has been the strippers' pole around which the price action has spun over recent weeks since the swing high in early Feb.
Which way does it go now? Unclear. Entirely depends on BTC volatility. More BTC volatility (either...
