As of right now $BTC is still in the triangle formation while $ETH has broken upward. This is a symmetricall triangle so im expecting a breakout in the upward direction, in the same way the trend was moving.
Ive been watching the 50MA and 200MA very closely especially on the 4hr and 1D, and the Bearish Cross has been denied thus far. This is a great bullish sign and it could keep the trend moving in a bullish direction.
Im expecting a test and possible break of 10k, just so that it can retest resistance at the top of the daily trend line. And ill be watching closely and reacting in the meantime
Ive been watching the 50MA and 200MA very closely especially on the 4hr and 1D, and the Bearish Cross has been denied thus far. This is a great bullish sign and it could keep the trend moving in a bullish direction.
Im expecting a test and possible break of 10k, just so that it can retest resistance at the top of the daily trend line. And ill be watching closely and reacting in the meantime
Comment:
Beautiful breakout to 10k. now I'm expecting a big reversal. Check out latest post.
This is a bullish sign. I will like at higher time frames for a target price