I must admit, this has been a nice, strong bull run. I anticipate we’ll see this continue to glide and turn around near the $43 mark.
RSI levels point toward an almost mandatory cool down period here. I’m not a huge fan of fractals but when I see one, I’ll point it out.
The nearest big time support I can see below this zone is around $27. This also likes up a bit with the RSI fractal.
Should price sink lower than $27 yet again, it’s safe to safe sentiment will begin to drop as well.
RSI levels point toward an almost mandatory cool down period here. I’m not a huge fan of fractals but when I see one, I’ll point it out.
The nearest big time support I can see below this zone is around $27. This also likes up a bit with the RSI fractal.
Should price sink lower than $27 yet again, it’s safe to safe sentiment will begin to drop as well.