MR VET:
* Is still in an correction channel on low volume, means consolidation.
* Golden cross still in play, on 4 hour as well on daily, big bullish signal!
* We need more volume to continue the bullish trend.
* 200 EMA still support, also a good signal!
* On RSI it looks like an triple bottoming formation, i know, its not very precise, but you could make an argument for it.
* If 200 EMA don't hold support good chance we go to the red zone on price 0.5 fib retrace. Around 70 sats.
Lets see what happen....
* Is still in an correction channel on low volume, means consolidation.
* Golden cross still in play, on 4 hour as well on daily, big bullish signal!
* We need more volume to continue the bullish trend.
* 200 EMA still support, also a good signal!
* On RSI it looks like an triple bottoming formation, i know, its not very precise, but you could make an argument for it.
* If 200 EMA don't hold support good chance we go to the red zone on price 0.5 fib retrace. Around 70 sats.
Lets see what happen....