The moment of truth is upon us. Our explosive uptrend of exactly one year is being tested here and not far off from being tested by the 3 month long downtrend that's plagued this market. If the bears win, we fall onto a much longer and much more modest upward trend that could set BTC and crypto back quite a ways. If the bulls win, we aren't in the clear yet as...
A double top forms when the price makes a high within an uptrend, and then pulls back. On the next rally the price peaks near the prior high, and then falls below the pullback low. It's called a double top because the price peaked in the same area twice, unable to move above that resistance area.
As we can see here, BTC failed twice to break resistance around...
NEO is riding support levels post fork preparing for another fork mid November. Using Bollinger Bands shows the minimal volatility perhaps suggesting a breakout relatively soon. I illustrated the clear upward trend we are in indicating the breakout will likely be bullish. I drew a rough estimation of what I expect may happen in the months to comes.
