Confronting uncomfortable resistances

2021년 2월 15일

The price keeps being rejected on the 4 hour 20 MA / 21 EMA and on the RSI 50. On the other hand, we have been holding on an important resistance and a bullish divergence has formed.

The blue horizontal channel represents a ~3 year resistance which flipped to support. For the time being, and as long as we keep above/inside this − and we have for some time now − the long scenario is alive.

So, it's just chopping for now... so we wait.

PS. Never forget that BTC is king and can kick this down pretty easily.

2021년 2월 17일

노트

Et voilà!

2021년 2월 18일

노트

Back inside the descending channel, inside the horizontal channel, and above the 4 hour 20 MA / 21 EMA.

Chop-chop! People are getting anxious here :)