Ethereum appears to have printed a bullflag since settings it's previous ATH above $4400. We also may be seeing a golden cross on the MAC D 4H Timeframe while the RSI remains in bullish territory and isn't signaling ETH is overbought. My spot entries currently sit around 3900 but I will most likely add to my positions around $4100.
Bitcoin has closed its third week in a row above 60K USD as well as it's first monthly close above 60K ever! Obviously this is very bullish, however what is even more bullish to me is the pitchfork bitcoin appears to have broke out of and is currently retesting. I am currently long but of course, it is smarter to wait for a bit of a bounce for validation. As...
It looks to me like Solana has invalidated the head and shoulders pattern that formed on the 4 hour time frame, closing multiple candles well above the neckline and putting in a higher high and breakout out of a falling wedge. It also looks like prices are trading within an ascending pitchfork on lower time frames, potentially shaping up a bullish market...