Breakdown attempt defended so far

Still working against this resistance. Large decending triangle. I believe we will break out to the top.

I think I explained that sometime a few months ago:
Those triangles usually have 1 fakout ane then they break out the opposite direction. This small fakeout to the bottom makes me a little more bullish

This pre-empts a pump after the fakeout. So far I am not convinced

Many coins such as avax are testing uptrends right now

Looks like a breakdown rather than a fakeout. Be cautious

this purple circle is where it gets interesting. A bearish retest is likely and a normal outcome after a breakdown. We need to break above to turn the current trend which is headed downwards afdter the retest.

if anyone doubts this triangle, here is the zoomed out version. it is a longer term uptrend

Looks good. Maybe we got a macro bear trap

maybe this was the play after all.

the bullish outlook.

Remember: trading is "if this, then that". not some prophecy shit

JUST IN: 🇺🇸 National debt reaches new all-time high of $33,883,845,835,556.

@WatcherGuru

retest. expect higher on ltf

$COIN hitting all time downtrend resistance. I would be surprised if we do not get a single red weekly after such a big 100% pump

^ I am still bullish on coinbase, the pump starts to get too good to be true tho

taking some profit here

so far so good :)

Expecting a bounce here to retest the trendline