We're facing a major decision between bull trap or beginning of a second bull market. Exit Market means levels of high uncertainty, it's probably best to wait for a clear decision before placing any major buy/sell orders. This is an extension to the following Idea where we used the log chart and 2 simple channels to see important price levels.
Truebit ($TRU) still has a long way to go, it's currently slowly trending upwards, expecting a breakout some time if other market conditions allow it. Bottom of the channel are buying opportunities, don't miss out on this, I think it has great value given that it doesn't seek to replace Ethereum but add important features to it without compromising it.
Seems accurate with the ATH hitting it perfectly and the crab between both in the ATH area. Now retesting previous support, difficult market situation, staying away from any kind of leverage until this chart shows a clear direction. If we get above I expect 100k EOY, if we get rejected I will expect a retest of 30k with potential for 24k if it doesn't hold.
