Current Market Structure
If bitcoin could resume uppy so I don't have to make bear/bull cases everyday on every TF, that would be great. My meme object tree makes no sense anymore.
Should have sold in may and gone away.
EDIT: That chart is a bit of a meme but its quite clear, distribution, lost range, bear pennant under range (retest), most likely a move downward again, if it's not a bear pennant, the trading channel is still downward till proven other wise, ichi's lagging line is in the middle of price action (means trend is weak) and the only bull case I can make is accumulation and that still would require more lows
Should have sold in may and gone away.
EDIT: That chart is a bit of a meme but its quite clear, distribution, lost range, bear pennant under range (retest), most likely a move downward again, if it's not a bear pennant, the trading channel is still downward till proven other wise, ichi's lagging line is in the middle of price action (means trend is weak) and the only bull case I can make is accumulation and that still would require more lows
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