Hello friends I'm glad the previous analysis still worked. As you can see, the price is still moving between the 2 drawn arcs, and it looks like the downtrend is over, and the "SLP" is currently moving straight and building a solid floor. Momentum buying is rising and "RSI" is rising and breaking its lines. It looks like it will start moving upwards soon. And if it does, it will be a Sharp move
Let's see what the situation is in the 4-hour time frame:
Now a 1 hour time frame that has broken its downtrend line twice: It is in very good condition. Of course, everything still depends on the bitcoin trend.
And in a 4-hour logarithmic mode that I hoped for two: The sad waterfall seems to have been forgotten.
I am very optimistic about it this time. Lets see...