I think this analysis is self-explanatory with the text nodes for each part.
I will still post the text here of what I think will happen:
Possibilities ?
- Green: BTC kicks off at some point
- Red: BTC fails to kickoff at the support (+-7880$) and falls
- Dark Blue: BTC will stay calm for some time and bounce between a newly formed support and resistance (like indicated in white lines some time ago)
Yellow being the recent highest resistance
I will still post the text here of what I think will happen:
Possibilities ?
- Green: BTC kicks off at some point
- Red: BTC fails to kickoff at the support (+-7880$) and falls
- Dark Blue: BTC will stay calm for some time and bounce between a newly formed support and resistance (like indicated in white lines some time ago)
Yellow being the recent highest resistance