BTCUSD: attempts to break fall creating short-term consolidation

16 בינו׳ 2018

New levels of support and resistance forming with each failed attempt by the bulls to raise the price. Seems to be leading to short-term consolidation and another potential breakout. Pointing to a further downward break? But then, the bulls are trying really hard and you never can tell these days, so maybe in the next hour they will succeed.

I'm still watching for confirmation of a stable bottom to this fall across multiple major cryptocurrencies...