Bitcoin hanging on by a thread on the 4H time frame. I'm expecting further downside on the 4H but accumulation on higher time frames resulting in a lower high. Expect the alts to follow the trend even YFI looks like it's ready to drop.
Comment:
Near the bottom of the purple box
Comment:
Hope you were paying attention...
Bitcoin went into the purple box and tested the bottom This is important as it hit the .618 fib like a bullseye. Then, rallied up to the green box and is testing 25k as resistance. Picture perfect, textbook TA!
Bitcoin went into the purple box and tested the bottom This is important as it hit the .618 fib like a bullseye. Then, rallied up to the green box and is testing 25k as resistance. Picture perfect, textbook TA!
