Enough reason for bulls to buy, enough reason to manage risk tightly.
The 3 day is giving a good overall view of my multi frame analysis currently, so here's a new idea.
Key areas under the 29.7k support are 26.3s, 18.9s and 13.8s.
Ideally from here we can land a 38k+ monthly close, otherwise the downside path remains a high enough possibility.
Here we can see some range play happening just under resistance on the weekly chart, this has been great for alts but we will likely see a shift in dominance once the range ends.
I've not put a direction on this as I'm seeing concerning signs on the monthly, but this weekly looks a chance to breakup with a bullish engulfing just under resistance as the range...