It looks to be a very flaccid market at the moment. BTC is displaying the classic "Cup and Sausage" pattern.
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Oops. The pattern sprung a leak! Not good for the bulls.
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They call that the "Squirt and Bounce"
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Ut Oh! Another small cup and sausage at the end of the larger cup and sausage!
P.S. The Green area is my potential "BUY ZONE" for a long trade. (However long that will be)
P.S. The Green area is my potential "BUY ZONE" for a long trade. (However long that will be)