An optimistic assessment with the obligatory arrow pointing skyward! Any trend line that carries any weight requires three points of contact. Its long term trend line was broken on the downside a few days ago - this is bearish. When bitcoin turns, which it will, look out below.
This is what im seeing too. I know a lot of people are saying its going to hit 20. . and i was on board for 20 a few days ago, but i agree, its consolidating nicely, at the 28, and while still slightly weak, i think it will start a strong uptrend soon and will moon.
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