During the last update I mentioned the bullish signs to watch for.
Since then:
-Support zone held
-RSI and OBV have broken the trendline
-EMAs have crossed up
-Price has pushed into a resistance level
Moving forward...
Bullish scenario:
-Pullback to EMAs then break through resistance
-53k would be incoming
Bearish scenario:
-Price rejects off resistance
-EMAs fail to provide support
-Price falls back to prior key support zone (39-42k)
Since then:
-Support zone held
-RSI and OBV have broken the trendline
-EMAs have crossed up
-Price has pushed into a resistance level
Moving forward...
Bullish scenario:
-Pullback to EMAs then break through resistance
-53k would be incoming
Bearish scenario:
-Price rejects off resistance
-EMAs fail to provide support
-Price falls back to prior key support zone (39-42k)
Regular $100k+ profit daily.
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www.ftx.com/
partner.bybit.com/b/Forge
www.binance.com/en/register?ref=13128793
Join my Discord - see www.ForgeTrades.com for details.
Follow me on Twitter!
Get discounted fees here:
www.ftx.com/
partner.bybit.com/b/Forge
www.binance.com/en/register?ref=13128793