As long as 
BTCUSD delivers and 
BLOK is relatively strong, and obviously 
NVDA strong.
CLSK every correction shows less damage (%) which I think is a bullish sign.
Momentum based on Dan Zanger principles. If you had a 160% rally. Even if trend was broken, I dont think you can kill a momentum this easily. Hence, at least "some" strength should follow. There are many examples, that I can show/fact proof.
The risks: I think
TNX rallying is not good and 
DXY rally would both be a head wind.
Good: Gold topping should be defacto bottom for BTC near term? ie the driver for rotations. % chasing.
BTCUSD delivers and BLOK is relatively strong, and obviously NVDA strong. CLSK every correction shows less damage (%) which I think is a bullish sign.Momentum based on Dan Zanger principles. If you had a 160% rally. Even if trend was broken, I dont think you can kill a momentum this easily. Hence, at least "some" strength should follow. There are many examples, that I can show/fact proof.
The risks: I think
TNX rallying is not good and DXY rally would both be a head wind.Good: Gold topping should be defacto bottom for BTC near term? ie the driver for rotations. % chasing.
Note
High and falling VIX (50dma DC) are best periods for small caps though.Note
market rallying and CLSK or BTC stalling at the bottom - instant red flags.Note
long base. favors strong rallies. "if"
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.