Previously breakout of the 12k$ Horizontal Support will at least lead to the retest of the Lower Boundary of an Ascending Channel, which happened. Locally it should be a bottom as we got the majority of Longs got liquidated during the last 2 days (look chart above).
then fells down again the scenario is the and just running front and back ,things that very annoying for those who had been looking for at
least $15,000 and up value to sell out and make even a little profit
being trapped in recent year.
Technically it's a also a good point to retest, we are at the Support Cluster [11.650$ Horizontal Support + Lower Boundary of an Ascending Channel]. Nevertheless we have two work with a confirmed retracement.[/size]
The support has been broken since we drop at the lowest for how many weeks down to $11,300 or even below ,So meaning that the indicatedin that chart seems to be holding us from expecting another Low?
or we are in correction for the next Run?
I can find you Good in speculation and graphs Please update your thread from time to time because i am tired following others with only falls indicators.
Bounce back of market with cryptocurrency is quite common. In recent days what we experience is gradual growth in the market. A bounce back is possible with the whales move, and these days cryptocurrency users are used to it understanding the market. Upon the same there is no big fluctuation with the market.
Always blaming whales,what about some losses?But recently there are big movement of bitcoin amount going to some exchange and this is thousand of Bitcoin involved.