Don't use divergence much but OBV is showing a regular bullish div ( price making lower high, indicator making higher low = price reversal to the upside)
- 10K initial target / Psychological Resistance
- Kijunsen support still holding
Still being cautious with BTC behavior but some alts are beginning to pick up as bitcoin sits around the support range. Potential cup and handle here on the daily, waiting for a break of resistance or remount of the 15ema on the 4hr for entry/confirmation with a 1-3% stop
If this support area breaks down, expect a slight drop back to 8400 - 8500s(red line) and consolidate before the next leg to retest 9800, absolute worst case is we fall back on top of the major downtrendline from 20K at low 8K range.