The sudden drop in btc has created half of a range. I thought it would have the strength to bounce at least one more time, but it seems like it decided to go under and create somewhat of a new range. The yellow line is not certain, but what is certain is the light purple line that marks a top for this bearish cycle. It generally should bounce off the purple line if it goes that far, but as always there's always the risk of it not moving that far due to how bearish everything is. GL, DYOR and this is not financial advice.
Currently only 25% short on sol due to me exiting most of my position at the horizontal lines.
Currently only 25% short on sol due to me exiting most of my position at the horizontal lines.
