While the bears were hoping for lower prices, the bulls have stepped in at 50 with a solid bounce. Sentiment for market seems good and I expect a very bullish day for crypto tomorrow with breakouts on many alts and BTC. We survived the futures and we are ready for a new leg up.
Happy weekend.
Note
UPDATE: if we find support at 53500 or above in the coming 6 hours and start an uptrend on the 4hr; closing above 55000 then we can reach 57000 this weekend. Between Sunday and Monday we could see a retrace to closing future levels and if we bounce there on a 4hr uptrend; we will be starting a new leg up; depending on the DXY performance and market sentiment. For this weekend definitely bullish opportunities.
Note
Note
Where are these fuzzy bears now in the comment section? ;)
Important update on Twitter on 10x Club, a weekly newsletter curated by me containing research & analytics on the crypto market & the amazing opportunities during the bear market - Check my Twitter or website link below:
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Important update on Twitter on 10x Club, a weekly newsletter curated by me containing research & analytics on the crypto market & the amazing opportunities during the bear market - Check my Twitter or website link below:
Also on:
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.