Bulls are HODLing the line
Heads up: I bought at my target level of 600€ (watch previous post) so biased analysis here. I think there's enough hidden bullish divergences to consider a retest of highs, bears haven't manage to sink the prices and Stochastic RSI and RSI are both ready for new highs. I'm guessing we will paint a weekly doji candle... HODL my bear and watch it develop! I've plotted a new Fib overextension (dim blue, right) just in case we overshoot; those could be nice levels to short-daytrade.
much needed pinchs of salt, food for thought.
PS: the pairing against BTC looks even stronger, let's see who wins this battle... but there's enough signs there for bullishness although regular RSI is getting really near to overbought levels:
much needed pinchs of salt, food for thought.
PS: the pairing against BTC looks even stronger, let's see who wins this battle... but there's enough signs there for bullishness although regular RSI is getting really near to overbought levels:
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.