BTCUSDT Testing $6k Support by April 11th

9 thg 4, 2018

The overall trend is down since Mid-March.

I used a pitchfork to determine the downward trending range, and it's easy to see there is a downward resistance line, every time the price tries to go above it, it falls right back down.

Price seems to be bounced by this pitchfork.

I'm just using this to record my hypothesis.

12 thg 4, 2018

Ghi chú

Timeline was incorrect.

Hypothesis fails if BTC can break out of the declining resistance line.