See chart.. previous large rally in Dec had a similar rapid upward movement and volume. This may still be early on, but it's possible we may break right out of the top of the 1D ichimoku resistance cloud, turning it into a support cloud.
On the 1H chart, I'm seeing the potential for another 10-15% within the next 6 hours.
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1H Chart Looking at +10-16%
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We leveled out a little early here, but that's ok, because it turns this entire last rally into a flagpole and were building a bullish pennant right now, target +60% for next rally after breaking upward from the pennant (if we do).
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Rally was delayed by some sideways bullish flag.. new target $13.00 around 4-20
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BTW, TS/KS will cross again on the 4H within the next 4-8 hours, which will give us a signal for upward movement, plus we are coming off the shoulder of the 4H ichimoku support cloud, which will help us rally as well.
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We're on track! Rallies, more rallies.. maybe a slight pullback here and there, but the new crypto season is on! Get you sum!
coindesk.com/binance-bitfinex-new-york-launches-inquiry-13-crypto-exchanges/