Breaking of 2/3 speedline would mean bears becoming weak and bulls gaining ground, and breaking of 1/3 would mark bull's taking control.
It is good to be optimistic as BTC may get 3rd time lucky but it is prudent to exercise caution as it has failed 2 times in breaking 2/3 resistance line and it may fail 3rd time too as resistance going to be fierce and 3rd failure might even cause it to touch red support line just like 1st failure.
It is good to be optimistic as BTC may get 3rd time lucky but it is prudent to exercise caution as it has failed 2 times in breaking 2/3 resistance line and it may fail 3rd time too as resistance going to be fierce and 3rd failure might even cause it to touch red support line just like 1st failure.
