Still waiting for breakout past 12k resistance. Lets see what this new week looks like.
Commento:
Bounced from upper limit of triangle pattern.
On GDAX there is a large buy wall at 10k. If it breaks we might see a larger bear pressure develop.
The previous year showed similar pattern of a dip at end of feb and bounce mid march followed by massive sell of after the ICO craze back in May/June 2017, and BCASH hardfork. It was the same in 2016 too but for different reasons I suppose.
Lets see how this year turns out.
Cheers
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On GDAX there is a large buy wall at 10k. If it breaks we might see a larger bear pressure develop.
The previous year showed similar pattern of a dip at end of feb and bounce mid march followed by massive sell of after the ICO craze back in May/June 2017, and BCASH hardfork. It was the same in 2016 too but for different reasons I suppose.
Lets see how this year turns out.
Cheers