The probability of Bitcoin testing the bottom again is increasing.
The resistance at the trendline 94000 hasn't been broken, and the support at 90000 has been breached. Yesterday, I went long on Ethereum twice using the long/short boundary line, at 3120-3130 and 3150. Both times, the price reached just below the 3190 resistance level, so the profits were pretty good. Last night there was profit on both the long and short sides—first went long, then switched to short after the 15-minute long/short boundary line was breached. This weekend, let's observe the strength of the rebound. If, after rebounding, the price hits a new low again, a complete downward structure will form. After the next rebound, it will be time to set up for a second bottom test.
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The probability of Bitcoin testing the bottom again is increasing.
The resistance at the trendline 94000 hasn't been broken, and the support at 90000 has been breached.
Yesterday, I went long on Ethereum twice using the long/short boundary line, at 3120-3130 and 3150. Both times, the price reached just below the 3190 resistance level, so the profits were pretty good. Last night there was profit on both the long and short sides—first went long, then switched to short after the 15-minute long/short boundary line was breached.
This weekend, let's observe the strength of the rebound. If, after rebounding, the price hits a new low again, a complete downward structure will form. After the next rebound, it will be time to set up for a second bottom test.