Bulls holding on overnight as we have seen multiple $30 dips and bounces in this range since yesterday.
Looking for a bullish MACD cross on the daily if we close green today.
Bulls need some volume to show up with the US waking up this morning to push back to the $880s.
This pattern is making it easier to hold as we are not getting over-extended on a huge push, it is more of a slow and steady uptrend at all time highs.
Also watching for an hourly Bull MACD cross to get momentum going for the bulls again.
After just bouncing from lows on the 15 min, the bulls will need to consolidate and form a higher low and higher high to keep momentum in favor of the bulls.
Still lead bull with the correlation to BTC constantly changing and worth keeping an eye on.
With multiple bounces over $849, a break of this support would be a red flag.
Looking for a bullish MACD cross on the daily if we close green today.
Bulls need some volume to show up with the US waking up this morning to push back to the $880s.
This pattern is making it easier to hold as we are not getting over-extended on a huge push, it is more of a slow and steady uptrend at all time highs.
Also watching for an hourly Bull MACD cross to get momentum going for the bulls again.
After just bouncing from lows on the 15 min, the bulls will need to consolidate and form a higher low and higher high to keep momentum in favor of the bulls.
Still lead bull with the correlation to BTC constantly changing and worth keeping an eye on.
With multiple bounces over $849, a break of this support would be a red flag.
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