The red line that I draw in the chart is the maximum resistance area that Bitcoin has ever seen. I see 2 options at that level:
1. Getting heavily rejected creating a triangle.
1. Getting heavily rejected creating an abc corrective wave.
Thumbs up if you like this chart, thanks!
1. Getting heavily rejected creating a triangle.
1. Getting heavily rejected creating an abc corrective wave.
Thumbs up if you like this chart, thanks!