If it wasn't Sunday, I'd be pretty excited here.
However, we might just scam dump tomorrow again with heavy resistance at 89k
Let's see how the coming week starts..
However, we might just scam dump tomorrow again with heavy resistance at 89k
Let's see how the coming week starts..
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As long as we stay >90k, I believe we can be very very hopeful. So hopeful, that it is more than hopium :)
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In all seriousness, we are still below the 50W MA. First time since March 2023. Current level is 102.4k. We need to break upwards to make this a very big bear trap. Not sure if we can. Last days pump is mainly due to being oversold and SPX jumping quite nicely. It is way too early to celebrate unfortunately.
Coming back over 103k would be the full bullish move.
Before that, we need to remain over 90k
Coming back over 103k would be the full bullish move.
Before that, we need to remain over 90k
DiveInDefi
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Actually looks promising on ETH/BTC.
!If! we hold here and break the upper green line, we could see some nice days on ETH.
!If! we hold here and break the upper green line, we could see some nice days on ETH.
Nvidia rallye looks kind of exhausted.
If I'd made a bet, I'd say sideways/down.
The question is: will profits flow into other stocks/assets?
Past days have shown a clear yes with Alphabet and others pumping quite nicely - holding SPX up.
If this would continue, it would be very healthy for the market but of course there is a big risk of a market wide correction as well.
If I'd made a bet, I'd say sideways/down.
The question is: will profits flow into other stocks/assets?
Past days have shown a clear yes with Alphabet and others pumping quite nicely - holding SPX up.
If this would continue, it would be very healthy for the market but of course there is a big risk of a market wide correction as well.