Looking at the Daily interval of Bitcoin, we find now the formerly mentioned triangle-support just below us and in reach. Yesterday´s supports did not hold, so obviously it becomes more likely we at least can go to down to that yellow diagonal, where it crosses a secondary trendline. If we are hitting that, we need to wait for potential reversal signs. The "PB" - Pullback and the "RV" - Reversal Volume have been the big warnings here. Please also have a look at the former Chart ideas to get a brief overview of what we are talking about on a smaller timeframe.
Monthly Pivot need´s to be conquered back after we have hit support without much delay, the longer this process takes the more people will start selling.
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Warm regards,
Neru
Monthly Pivot need´s to be conquered back after we have hit support without much delay, the longer this process takes the more people will start selling.
__________________________
Warm regards,
Neru
