Crypto Market Cap, BTC/USD, ETH/USD, USDT/USD, XRP/USD, Bitcoin
Apple, Advanced Micro Devices Inc, Amazon Com Inc, TESLA INC, NETFLIX INC, Facebook Inc
S&P 500, Nasdaq 100, Dow 30, Russell 2000, U.S. Dollar Index, Bitcoin Index
US 10Y, Euro Bund, Germany 10Y, Japan 10Y Yield, UK 10Y, India 10Y
The main thing I see that makes me skeptical is the fact that the volume on the most recent run up to the high $300s was significantly lower than the 1st run, and the Volume MA for that entire period. It seems like all the new money has become complacent and isn't really buying in and the sellers are eager to take some profit. It could be all a ploy to lower the...
You may want to look at a chart with a longer-term MA, like a 100-SMA or 200-SMA to confirm the change in trend. I'm not sure of which way it will go though so that is why I'm remaining neutral but I do think it needs to pullback a little bit before we see the Bulls return later this month. Let me know what you think. #LetsGetTheseCoinz
ETH is really blowing through an ascending trend and blasting past the 9 period EMA and there's still room for growth on the Stochastic RSI. I'm definitely very Long on ETH... Expect a retracement maybe back to around $290-$300 during the week... Hope it hits $500 soon :-)