Good spot to take profits and secure some winnings if you bought the dip.
Nice, textbook extension to the 1.618 hitting the bottom end of the broken support line. Textbook.
Breaking beneath 42k and holding under there confirms a bear trend again, but until then I'd say the bulls still technically have the upper hand.
Note: this move up has been fast and may collapse. Fast moves many times are driven by sell orders being removed rather than more buyers coming in...
Nice, textbook extension to the 1.618 hitting the bottom end of the broken support line. Textbook.
Breaking beneath 42k and holding under there confirms a bear trend again, but until then I'd say the bulls still technically have the upper hand.
Note: this move up has been fast and may collapse. Fast moves many times are driven by sell orders being removed rather than more buyers coming in...