Is the pain over? In my opinion not yet. We are now at major trend resistance. Maybe we get a bull trap out of it fake everyone out and pull back before entering 12-10k... Stay vigilant
send it. Orders are in for where I'm looking top get filled before taking off here. BTC is coming down back into its support channel and GMT will drop a bit more from here as well to fill it.
$BTC along with many alts are in insanely oversold territory. We have seen BTC rally back up and retest the trend line once so far and in the past 2017 we saw 3 taps on the down trend line before slowly breaking through (See chart in 2017 as posted) This doesn't mean we'll see this happen but where we are currently it would not surprise me to see this play out. ...
BTC remaining indecisive currently at 21k range. Waiting for a break out above or below to goblin town which is where I believe we're going 17ks and below.
ETH repeatedly attempted to break the $3,000 resistance and has not been succesful. Given the current world event still happening such as rising gas prices, war and Biden trying to learn what a 'bitcoin' is this to me does not sound like good signs of a bear market reversal. Hang in there, this could get bumpy. But this is all just speculation right... hehe
