Bull run is over, volume is dwindling testing the 303 support line, each peak past $340 is lower and lower. Strong support on the 62% fib level ~230-240 if things go south. If we want to break upwards we need some news, otherwise I think the newly verified money on Coinbase/Gemini from the past few weeks is starting to dry up and the weekend will be bearish.
We are arguably in a bull pennant if you draw a trend line from the $115 on May 27 but I think this rocket is out of fuel unless volume picks up bigly
We are arguably in a bull pennant if you draw a trend line from the $115 on May 27 but I think this rocket is out of fuel unless volume picks up bigly
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didnt quite reach the resistance, moving averages crossing on the 4h with low volume..will be floating around 303 by end of day tomorrow
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Possibly gearing up for a retest of 270s
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This got ugly but bounced directly off of the support line!!
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