We just tested probably the most important point. There are a lot of extremely cross resistance. Be very careful. We tested the top line rising wedge. Then here we have WMA 21 at 7800, which was the main support for the uptrend We tested the resistance zone in the red oval. MA 77 Daily We tested the long-term trend line on a linear chart This is how i see the bottom
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Final bart pattern
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The bottom could be in the week from 13.7. 2020
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Final bart pattern
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possible scenarios before halving
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We tested the top line rising wedge and there was rejection.
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Ok, the price broke above the upper line of the rising wedge. Be very careful. We have broken WMA 21, DMA 100, DMA 200 and above us is WMA 55 and WMA 50 and the most important is the logarithmic growing long-term trend line. It will be important where today's candle closes and just overcoming this trend line will mean a change of trend for me.
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After a huge pump came a correction and we tested the long-term trend line. If we keep it, it can be the beginning of a bull run. The most important thing is to keep WMA 21. Notice the faint purple lines that could form a gigantic triangle.
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