Hey everyone, we all know that over the past couple of months the crypto market was in a major bear market.
Above you should note the resistance line at 118.60 & 133.91 (this is the range of interest right now)
Most importantly however I want to point out the black internal trend line extending from left to right.
This is important because as we reach closer to the end of the week, the 118.6 support line accompanied by the bear trend is creating a tight wedge as we finish off the week - a break above will surly send us up towards $127
Will update soon!
-MTT
Above you should note the resistance line at 118.60 & 133.91 (this is the range of interest right now)
Most importantly however I want to point out the black internal trend line extending from left to right.
This is important because as we reach closer to the end of the week, the 118.6 support line accompanied by the bear trend is creating a tight wedge as we finish off the week - a break above will surly send us up towards $127
Will update soon!
-MTT