Looks like we have some consistent support and resistance lines and our Gann fan shows some trending as well. If this continues it looks like we'll see some sideways movement, maybe some dips followed by a nice uptrend to come this weekend into next week. Price is slightly overbought per our RSI so I don't expect us to get there without some small drops.
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Looking a little closer one the 1h we can see a golden cross of the 50MA and 20MA, this further strengthens my theory of an uptrend to come.
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crypto market is tanking this week, crazy
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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.