Saw this somewhere and had to plot it myself, We are just above the trendline. we might be coming back down to test it.
I dont believe we are on the way for a crash just yet.
But we are at a really crazy area. The market is insanely up due to inflation. Its sad to be honest because in the coming years we will all have address this by having the us dollar collapse...
Check out this monthly chart and how far we are from the moving averages.
The market crash everyone is expecting around the end of the year will be crazy.
Pray to Powell that he keeps the money flowing.
LTC daily hitting 200ma hard. I expect a break through supply zone is weak and more than likely will fail on this run up. Market cipher shows stronk vwap in buy area. bearish momentum is turning bullish
Happy 10k break everyone
weekly resistance is at the 50 (We should stop at for a week or 2 then continue Hopefully we will just blow through it)
bullish money flow is continuing to increase on daily too
We are at the top of the BB