It seems we're getting to the end of a weak bounce, a lot of breakout POTENTIAL like there has been over the last few weeks, but the breakouts lose traction, and people stop buying above certain amounts. I am staying technically neutral, because I know there is so much potential for an up move to return to recent levels, HOWEVER, the market is seemingly weak and feels like we're about to break down for a second big crash..
Chart is SOL/USD but reflects the ascending wedge formed over the last day or so that could have been a much bigger move up.
Chart is SOL/USD but reflects the ascending wedge formed over the last day or so that could have been a much bigger move up.