Almost works out too well... we'll see how it plays out whether it breaks the channel or not, but I suspect the double bottom will at least let it run back to the channel downtrend line drawn at least. Got some heavy resistance at 6K but similar to what we saw on the previous fractal and many more believers this time around who believe their buy in price is likely near the all time low.
Either way I believe we're moving towards a major breakout now or next run ... but everyone believes that on every coin. Good luck!
Side note, TD Sequential on 3 day indicates heavy reversal long term might have begun but too early to tell IMO. Not financial advice.
Either way I believe we're moving towards a major breakout now or next run ... but everyone believes that on every coin. Good luck!
Side note, TD Sequential on 3 day indicates heavy reversal long term might have begun but too early to tell IMO. Not financial advice.