Overall this is a nice .705 retracement we have here.
The resistance zone around 1150 level is holding us back but it's been tested twice already, reducing the sellers each time.
If we manage to find support now around the broken 1080 level, it should give us enough acceleration to finally break that resistance and ultimately head for the previous big top.
The resistance zone around 1150 level is holding us back but it's been tested twice already, reducing the sellers each time.
If we manage to find support now around the broken 1080 level, it should give us enough acceleration to finally break that resistance and ultimately head for the previous big top.
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Looks like that 1077 area of resistance is holding for now, but bullish scenario should be fine as long as we don't break below that lower gray order block.
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Looking just slightly less bullish because of BTC's shenaningans, I'd like it to get back above that block.
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Got back above that block, there's hope!
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Quite a bumpy ride, but still making higher lows.
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Finally showing some action!
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In the next buy zone now, this pivot should hold as support.