Omg it's totally normal and totally healthy for these all coins to actually come back down and retest old resistance's new support that's what i see it doing whether it's either this local top it's as old resistance or this thought will top is old resistance
We don't know which one it's going to bounce off of but in my opinion it's going to bounce off at least one of those local highs i don't see us breaking lower than that that would be very bearish we've already retested this local top as support here where we came back and came back down to retest it here
This kind of rules that one out but like i said these blue line are very key for me and i don't want to see us break either of those blue line because there's really not that much price action below these and i had to be extremely extremely bearish in my opinion if we do break the both these blue lines but i don't see this happening i see it getting a nice bottom whether
It's when we touch you know the bottom of this blue line or when we touch the top of this chart the next two weeks pump getting a nice decent sized pump off of it and then coming back down retesting it again maybe consolidating above it and then getting a nice bounce off of it we could see you know once we hit this we get confluence
We're going to break out of this bull flag and we just touched old resistance maybe get a huge bottom which brings us up something like crazy like this right those are the two scenarios that i see or we could just break out sooner