#GRAM Market Analysis
GRAM is at 1.340 on the 8h, still working off the May blowoff top from 2.800, now grinding along the multi month ascending trendline near 1.280.
Bull case: hold the trendline and reclaim 1.420, opening a path back toward 1.500 and 1.600.
Bear case: lose 1.280 and the trendline breaks, exposing a slide toward 1.220.
Trendline holds, or is this the breakdown?
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Bitcoin Bullets® Trading
GRAM is at 1.340 on the 8h, still working off the May blowoff top from 2.800, now grinding along the multi month ascending trendline near 1.280.
Bull case: hold the trendline and reclaim 1.420, opening a path back toward 1.500 and 1.600.
Bear case: lose 1.280 and the trendline breaks, exposing a slide toward 1.220.
Trendline holds, or is this the breakdown?
➖➖➖➖➖➖➖
Bitcoin Bullets® Trading