Look at this thing, you could make horror movies with this price action.
However, after a 98% crash, there is some hope it could rally a bit.
Price hit the support of this downtrend channel and now it appears it may actually pump to hit the resistance.
That last 3d candle in red looks like a possible reversal candle, particularly if the current candle closes in green.
Either way, this price action gives signals of bullishness, but will Bitcoin allow it? Another drop in BTC will just destroy altcoins.
Stay safe out there!
Like and follow if you liked my idea!
However, after a 98% crash, there is some hope it could rally a bit.
Price hit the support of this downtrend channel and now it appears it may actually pump to hit the resistance.
That last 3d candle in red looks like a possible reversal candle, particularly if the current candle closes in green.
Either way, this price action gives signals of bullishness, but will Bitcoin allow it? Another drop in BTC will just destroy altcoins.
Stay safe out there!
Like and follow if you liked my idea!
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