For more context on the red line see my other posts on the subject. I drew that red line a few years ago. And the last few months battle around the 100k level price has reacted to this line very strongly. I have multiple posts about this in multiple time frames.
I'm waiting for the price to get above the red line and stay there for about a week, then I am looking for the red line to act as support before parabola continues. To me it looks like that might take about 2 months.
I'm waiting for the price to get above the red line and stay there for about a week, then I am looking for the red line to act as support before parabola continues. To me it looks like that might take about 2 months.
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