This is to make sure I am planning for both sides of the market. However, this is not compelling at this time, it's missing a key sign of weakness that the markets looking to go lower.
Note
I see that Asia sessions are dumping their coin holdings. This may actually be a distribution. It's tough these guys are good at the game they are making this look bullish as hell. Watch out for a break of 37.3 & 36.5 that would be a major sign of weakness.
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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.