BTC Recent Rejection at 56k

BTC 8H Chart

Yet again BTC pas support has turned into a resistance, leaves a huge wick behind and people deserting hopes. Worry not, we still have multiple support, for example as for right now the current struggling support is on 54.4k, the one that recently has been holding BTC as support these recent days


As BTC drops, altcoins are quick to follow. Here are some noteworthy chart that I would like to show.

SXP, Huge bullish ascending triangle
AXS incredibly powerful lean support


COTI has just broken out from it's bull flag, more chart on tradingview. This is a particularly interesting pattern on how similar it is to FTM. Tall doji on the daily chart might push COTI to have another retest on the past lean resistance on the bullflag.