Hourly equilibrium highlighted in the video last night broke bull and forced some shorts to cover with bull buying to new levels.
The support/resistance levels listed here are from the hourly time frame.
Bulls just looking for a 4 hour higher low, and EMA 12 support.
It is fine to not be comfortable bullish but do not fight the trend! People were looking for a top the last couple days with every time frame from hourly to weekly in an uptrend.
Running a twitter poll right now and pretty 50-50 as to whether the bottom is in or not.
this tells me there is still a lot of cash on the sidelines and there will still potentially be FOMO fuel if we do see the weekly uptrend continue through Summer.
I personally will not shift from my short term bullish perspective until we lose daily EMA 12 support.
The support/resistance levels listed here are from the hourly time frame.
Bulls just looking for a 4 hour higher low, and EMA 12 support.
It is fine to not be comfortable bullish but do not fight the trend! People were looking for a top the last couple days with every time frame from hourly to weekly in an uptrend.
Running a twitter poll right now and pretty 50-50 as to whether the bottom is in or not.
this tells me there is still a lot of cash on the sidelines and there will still potentially be FOMO fuel if we do see the weekly uptrend continue through Summer.
I personally will not shift from my short term bullish perspective until we lose daily EMA 12 support.
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