Once per week, the market just makes no sense to me.
The price edges slowly up on small buys to 515. Walls appear, price drops, walls drop, price drops. Predictable.
Walls get eaten, price jumps most of the way back to 515 in minutes. Predictable.
Instead of eating the minor remaining resistance to 525 or 530, the market drops back to/below the price with walls. Weird.
BTC markets are tough to figure out.
The price edges slowly up on small buys to 515. Walls appear, price drops, walls drop, price drops. Predictable.
Walls get eaten, price jumps most of the way back to 515 in minutes. Predictable.
Instead of eating the minor remaining resistance to 525 or 530, the market drops back to/below the price with walls. Weird.
BTC markets are tough to figure out.
We're just in a sideways consolidation, but still due to the downtrend on longer term (daily +) charts, the bias remains down until we break upwards. A triangle can still be drawn on Bitstamp's chart, but on Huobi, it's already broken. But still.... sideways....
