Another attempt to analyze the total cryptocurrency market. Last rehab after few steps down, showed bears that this is not the way we going and accentuate it power - (otherwise before more confirmations cant say that isn’t the bearish retest). In this scenario - price in box + respecting moving averages, give me good sign to aggresive trade, after testing down with lower bands. Breaking trend line is still a bad signal. 4h Stoch Rsi downward cycle, but blue line slowly curves before 30 points. MACD high but not highest, this lines can at times cross for a moment, straight up and continue rally. Would be nice to see forming inverse head & shoulders and price range at around 2,4T USD. But first of all I want to see, price breaking 2,05T total market cap on high volume. Anyway, let’s check monthly chart – we printed lucky 7 green candles in a row 😉
Enjoy
Enjoy
