I doubt we'll break the blue trend line, and otherwise the only direction is down toward support.
We see bullish divergence on the MFI, which means we'll likely not make a lower low, lower than 7.3k. That doesn't mean we won't drop down close to the lower low again, I've seen it come awfully close. It is also why I wasn't urgent to long and missed out on the pump. Very unfortunate, but I must proceed best I can. I was not expecting such a reaction as there is no bullish divergence on other cryptos, so I'm assuming BTC will continue to gain dominance while ETH, LTC, XRP, continue to go sideways or down. I'm not hopefully that we are truly in a bull market, but that rather money is just shifting around to what now seems to be the most profitable asset in crypto, BTC.
We see bullish divergence on the MFI, which means we'll likely not make a lower low, lower than 7.3k. That doesn't mean we won't drop down close to the lower low again, I've seen it come awfully close. It is also why I wasn't urgent to long and missed out on the pump. Very unfortunate, but I must proceed best I can. I was not expecting such a reaction as there is no bullish divergence on other cryptos, so I'm assuming BTC will continue to gain dominance while ETH, LTC, XRP, continue to go sideways or down. I'm not hopefully that we are truly in a bull market, but that rather money is just shifting around to what now seems to be the most profitable asset in crypto, BTC.