For me this looks directionless and undecided. Which leaves some doubt about the momentum coming into the test of this down-sloping trendline resistance (yellow).
But as will be see the priciple components of this ticker (BTC and ETH) both appear to be displaying enough momentum to allow this trendline to be breached
Once that structure is broken we can expect further consolidation before the next leg upward.
ST gains possible. Investing dips in the near future.
But as will be see the priciple components of this ticker (BTC and ETH) both appear to be displaying enough momentum to allow this trendline to be breached
Once that structure is broken we can expect further consolidation before the next leg upward.
ST gains possible. Investing dips in the near future.
