Could this be the break out? The end of the bear market?
Or is it too early because we did not return to the mean yet....
We have resistance on the 50 and 100 week EMA outside the log trend line.
To me, return to the mean is still in play.
I am afraid that this can turn in a bull trap in the coming weeks.
The only thing that worries me is the increased total crypto volume after the break out.
But how accurate are those numbers.
We will see.
Or is it too early because we did not return to the mean yet....
We have resistance on the 50 and 100 week EMA outside the log trend line.
To me, return to the mean is still in play.
I am afraid that this can turn in a bull trap in the coming weeks.
The only thing that worries me is the increased total crypto volume after the break out.
But how accurate are those numbers.
We will see.