Attempts have been made a few times to break from the resistance within the red range (yellow arrows). The blue line is a possible established trend line from the January reaction. If you want to consider it that. The current candles appear to be influenced by this blue line. If this is the case. It could push itself into the green area out of the exhausted trend. If this is just coincidence, I expect it to stay within the tending range since it has had a hard time breaking from the red resistance line previously. Very minimal action has been taking place to keep it's up movements. A false break have happened a few times. Very noticeable bull trap from the Mainnet 1.0 release.
If I'm way off and this plummets. I'm keeping my day job.
If I'm way off and this plummets. I'm keeping my day job.