POSSIBLE TRAJECTORY
But there has been no real proof of a break-out yet...
Let's hope for the best and a definite bottom in...
But there has been no real proof of a break-out yet...
Let's hope for the best and a definite bottom in...
Note
Hereby confirmed... break-out of the parallel.If we break through the 38.2 resistance, or 800 satoshi, we're good..
Target is make up the 50% retracement (800 satoshi) and hereby the FUD created from here...
to get back on the previous trend.
As long we don't get higher, there's no real trend-reversal yet..
We are aiming for 1000 satoshi to get a psychological support level to get to newer highs.
Note
That was a failed break-out, but it likes to make stronger support at 620... probably not everyone was on the bus yet... I ll post an update later, as another descending parallel is formingDisclaimer
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.