not looking at long term, but probably going to dump a little and retest some areas while testing if bears are ready to come out for a long 4H dump
Kommentar:
tried going sideways as I expected. Right as it reached the end of the triangle, it began to break out by going sideways, and started a rally, before going back down and closing below the triangle's soft upper bounds. Further downward movement is expected unless volatility returns
Kommentar:
It crashed harder than I thought. It’s amazing. If this keeps crashing, I’m waiting until December or a massive reversal with 3 bull flags because BTC could go to 3000-4500
it tried a bounced off 6500 which is not surprising, went up to hit MA, failed to break through, and now it is continuing downward. A slightly different downward triangle is formed which may cause it to go more slightly sideways. If it's going to go up, it will likely test going sideways first