So multiple issues here:
If we follow the path of the price action, we would want the daily to close above the red resistance line to stay bullish. The daily closed below resistance. Which means the resistance is resisting.
Because of the resistance doing it's job, we are now looking at a lower low on the daily timeframe.
The dotted line is IMO a shitty...
In recent discussions, we've identified a potentially lucrative moment to diversify into altcoins, particularly meme-themed cryptocurrencies like PEPE coin, which have shown unique market behaviors this cycle. For background on the broader market context and Bitcoin's current state, you can refer to my previous analysis:
This post outlines a new position with a...
