Next stop the 1s. Here we go. The dip wasn't as bad as anticipated. Bulls came in and fought to hold support at 1k. Defended a quick dip at open and rallied up to the 1str resistance level of 1080. next level 1118 . LFG.
Today COIN took a large dip based on some skewed earnings. However with Crypto interest expanding as well as The NFT market buyers come in to show lots of support and didn't let it break $300 level support. Keep an eye open tomorrow as it may present a buying opportunity early in the trading session.
In a nut shell ...Be alert on big sporting event nights . The energy from events spills into the market . Still looking for 3000-3500 as P/T for this leg up before consolidation to attempt a run at ATH. overall I still don't see the power to move past yet . IMO alt season is coming before the BTC AND ETH RUN this year . LOOK of for 6 figure btc AND 5 Figure Eth...
LOOKING at the daily We can BTC price action taking place with in a descending slope . However the potential to break above the near term resistance is just as probably . Important juncture . lets see !
This stock is shorted over 51% and has a free float of 57 million. I don't see a squeeze happening. Probably Shorts Selling buying back in and setting traps. Last Fri was a similar setup to today. Little rally EOD . SHORT LATTER ATTACK IN THE MORNING . Enter w caution . Large swings .