We havent been able to break descending resistance and started forming a Head and Shoulders formation. If BTC closes below $3500 we can see it testing $3000 again. The RSI is also confirming we are heading down. Another bearish signal is the descending triangle that we are still currently in. Everything points to BTC breaking down and testing lows
Commentaire:
I would set buy orders from $3200 - $2400. Thinking we might bounce as low as $2500
Commentaire:
we broken the red downward resistance, now testing $4k. Things are looking good but we're not out of the woods yet. But this is a good sign