Tiempo de Partiro
My horizontal support line and upper bound of the July Channel is being broken as I write this - not surprised and was expecting at least a wick below it. W
What I wasnt expecting is such low volume on this break. I think most of the community is somewhat surprised by the lack of volume, but maybe people are getting smarter. This means lower lows are to be expected - we're gonna break the 2/6 low.
I suspect we hit 6.2k on 4/13 (blue arrow), with a wick going into the 5.5 (green). If a wick breaks that trendline, then I think we will see more bear market down to 4k.
What I wasnt expecting is such low volume on this break. I think most of the community is somewhat surprised by the lack of volume, but maybe people are getting smarter. This means lower lows are to be expected - we're gonna break the 2/6 low.
I suspect we hit 6.2k on 4/13 (blue arrow), with a wick going into the 5.5 (green). If a wick breaks that trendline, then I think we will see more bear market down to 4k.
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