I think market will go up. X-Volume shows to much bears on the market. Every long candle very easy selling. Bulls close theire positions with small volume. They are ready to redeem all sellers, they save up cash for this. Bulls target: 5230.
- Price still has room to rise on weekly before reversal.
- Daily TDI showing over bought market conditions potentially pending a reversal.
- 4H TDI showing over bought market condition which coincides with price just bouncing off upper trend line of ascending channel.
Crypto WILL be continuing this bear market until one of these scenarios are realized:
Still looking for violent form of capitulation over the next couple of months. The clean air area was never retested on the way up since BTC broke from accumulation into bull market. This makes it a likely area for an ultimate low as it is close to the top of the previous...