Some basics trend lines and fib rules here. With market sentiment overly bearish atm, I feel short squeeze is coming sooner than later. If BTC makes botom here, that will be 3rd strong point of a long term trendline, and will make this trend line official.
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Another one trend line added to an apex of support
Komentarz:
Bulls are getting involved. rsi div forming on 15 min chart and candles forming combo of hammer and inverted hammer, which is indication that bulls are joining the fight. Volume is lower on this last bearish swing than one before that.
Komentarz:
One more trend line align with apex where BTC is now + bul div forming on Daily.