pepper_nax

pepper_nax Updated 

• Now many analysts say that the long-term support line on BTC is broken. • Yes, it is on BTC, but I recommend watching support/resistance on the marketcap chart. Here we see that the price has returned to the mean — the last stage of the bubble deflation. • I expect that we still have time until the end of the summer or the beginning of autumn in order to have...

pepper_nax

New bottom found with high volumes. There is every reason to believe that the downtrend is broken and soon a new bubble.

pepper_nax

In this case, I believe that the figure does not tell the trend turns, and tell about the uncertainty in the market.

pepper_nax

A possible scenario.

pepper_nax

See chart in the comments.

pepper_nax

Additional factors: RSI lower than 30, Stochastic & StochasticRSI lower than 20, higher volumes.