One could look at it as a loooooooooooong type of bottoming formation. As long as this LPS holds one should be expecting a strong SOS before continuation further upwards.
And of course: If it looks like a flag, it usually is one. When/If this break upwards, things will speed up quickly.
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No financial advice, do your own research, don't be stupid
And of course: If it looks like a flag, it usually is one. When/If this break upwards, things will speed up quickly.
---
If you like my content, if it helps you gain profit, give it a like!
Thanks!
---
Hold my beer pls
----
No financial advice, do your own research, don't be stupid
Nota
little comparion to coinbase chartNota
backtested break out of 0.02 local range, ready to blast into SOS?Nota
and lift off? Nota
great fight of bulls and bears in this congested area, which has a long history Nota
Its been some while but the downtrend has finally been surpassed and once DBC flips 0.008 its full force Some full blown bull max degen mode fib targets here
Nota
We've had 2 backtest of the alltime trends and got a reaction with a nice bounce so far. We should get a follow through and starting big pushs into SOS nextNota
well, we're on track!Nota
about to hit orange resistance next while actually pushing strong into SOSNota
Nota
Price has come down a bit to retest both multi year old resistances. once flipped and done testing expecting strong movements Nota
kinda backtested both multi year downtrends. not much overhead resistances left. LFG Nota
see that nice reaction off LPS? theres only the orange resistance left before nothing but thin air and strong price action 
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