Wyckoff formation was formed.
The Lower LPSY will need to hold this support.
If the SOS support is broken, downtrend will continue.
Volume during selloff was high, but found great support at the SOS that launched price above second support line, Downtrend reversal.
Support is being held currently.
Would be looking for diminish volume and consolidation to start new uptrend.
BTC may have consolidation range for reaccumulation between $33k and 41k.
Have Fun.
The Lower LPSY will need to hold this support.
If the SOS support is broken, downtrend will continue.
Volume during selloff was high, but found great support at the SOS that launched price above second support line, Downtrend reversal.
Support is being held currently.
Would be looking for diminish volume and consolidation to start new uptrend.
BTC may have consolidation range for reaccumulation between $33k and 41k.
Have Fun.