I am seeing some similarities now and the Dec rally. In the chart below we can see that Stratis' the rally a day later than Bitcoin'. It looks like the same is going on this time. Also see a wedge again and a breakout and currently a retest. Based on the fractal, we should stay above the green support zone now, just like in Dec
When zooming in, it shows we are most likely in the yellow circle now. Got some rejection from blue line this time as well. So if Bitcoin would be able to make a good bull flag here, like in Dec, we should see a break of the blue line and maybe see a good rally after that stage as well
When zooming in, it shows we are most likely in the yellow circle now. Got some rejection from blue line this time as well. So if Bitcoin would be able to make a good bull flag here, like in Dec, we should see a break of the blue line and maybe see a good rally after that stage as well
Commentaire:
Even made a similar wick here, a bit scary tbh :). Looks like a small channel as well and we are still above the green support. It has to move up soon, otherwise it can fail. So far, going according to the fractal