Short term bullish with a few bearish things to watch
Bullish Matic is limping out of the hourly descending wedge Selling pressure slowing as seen in actual vol and on the macd histogram At a secret crypto support apex on hourly - an ema and ichi support
Bearish Volume still sluggish On the 4 hour long way (few days) to go before the 4 hour cloud let’s off...
Could see a pop up where the resistance will be clear in 4 hour chart... breaking down we’d be looking at the 200 sma for a bounce
@Teklologist, Yeah, it hit the 200 SMA on the 1 hour... I think the ichi cloud on the 4 hour directionally is helpful for current resistance. We get to a clearance area in a few days or more resistance. Finally a good sign on volume on the hourly, but could have been a simple algo trigger... hopefully its real accumulation