I'm going to relate this post to my previous one. This idea gives actual technical price levels to watch out for. To sum up, the blue channel's current breakout implies a slow retest. It aligns with the inflation rate reading announcement on the 13th of September. Therefore:
Do comment your opinion!
- I'm bullish until the date of the reading
- I expect high altcoin volatility (price increases are more likely) due to the temporary stagnation of major cryptos
- Red scenario seems more likely at the moment
Do comment your opinion!
