[BTC] Saved by the WHITE Line... Just in the Nick of TIME!

10 dic 2020

That purple box of support we fell through ended up having quite a bit of gravitational pull (despite not giving any resistance), quickly slinging Price back over, back and forth and now settling right in the comforts of its bussom just above the white trend fractal. Price bounced twice, fell through once, recovered and bounced twice more of this trend just to haul itself back into the comforts of stabilizing gravity.

We have now shifted from downtrend to a gradual uptrend and got a new trend fractal to add to our collection here.

The old downtrend line is still valid, just shorter period of downtrend now.

What a drama we got going on here guys!

Words of Wisdom: Markets are chaotic but they crave stability

Watch the Full Replay Here:

10 dic 2020

Nota

We also got a nice rounded bottoming in our indicators just under key reversal points.

10 dic 2020

Nota

Oh yea, got a treat for you, this demonstrates how all these areas predicted price reactivity.

Only Price can decide whether it goes up or down at that tiny point in time of now.

It was forced to make some big decisions after all...