BTC found support at 30k again and set a HIGHER LOW! This is bullish!
Today ETH also broke resistance to push higher so all market entered into double digit gains after yesterday's drop. For anyone that dared to buy yesterday, well done, today you should be sitting on some nice gains.
So what now? Price is back in the old pennant, which is bullish and if the momentum picks up we can move into the upper side of the pennant to test it's resistance. If that cracks, it's time for FOMO.
Indicators on 4h and daily are curving up nicely which indicates we are at the start of this push if it maintains momentum. Volume is not that bad, so lets see tomorrow if this move has legs to run on.
For now bias is bullish.
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Today ETH also broke resistance to push higher so all market entered into double digit gains after yesterday's drop. For anyone that dared to buy yesterday, well done, today you should be sitting on some nice gains.
So what now? Price is back in the old pennant, which is bullish and if the momentum picks up we can move into the upper side of the pennant to test it's resistance. If that cracks, it's time for FOMO.
Indicators on 4h and daily are curving up nicely which indicates we are at the start of this push if it maintains momentum. Volume is not that bad, so lets see tomorrow if this move has legs to run on.
For now bias is bullish.
Like and follow if you liked this idea!
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