Trying my hand at TA since I've been reading so much about it past couple of weeks. Looking for a good and relatively safe entry point to increase my BTC portfolio for long term investment. Be advised this is my first try at TA, I am very new to this whole thing and you should ABSOLUTELY NOT make any financial decision based on my opinion.
Things are coming to a decision point with the 0.5 fib retracement resistance line( that held x2) closing on the support line of the rise from 3000$ (tested several times) and the Main resistance line of the bearish movement. I still think it will continue bearish as it has to break 1 mminor resistance(0.5 fib) as well as the masjor resistance from the 5000$ drop versus just the bullish resistance. Will be very interesting to see. @goldbug1 any thoughts?