Wizard_of_charts

Wizard_of_charts

We may have a few weeks/months of downtrend continuation ahead if remain below last decade's dynamic support

Wizard_of_charts

This is an update to last week's idea because even though the falling wedge has been broken I think we're not ready yet to fly away until we get the expected throwback to support line around 15700.

Wizard_of_charts

I think crypto-winter may have finally reached to an end, I'd expect another retest of support zone around 15700 and then straight breakout of the falling wedge towards november resistance at 18300 and beyond.

Wizard_of_charts

If we breakout of that falling wedge and retest support positively, we may finally continue with the HTF uptrend.