Nice recovery to keep us above the upper trend average after hitting a low at the short-term LTA.
Bulls continue to keep daily MACD above the zero line as we look to push to 5k; a hold here could negate a divergence period altogether.
If we dip further, expect the first support zone to be around 4500 (short-term LTA), followed by 4250 (expected average).
PS. If you created a .eth domain name before October 31st, make sure you claim your
ENS tokens!
Bulls continue to keep daily MACD above the zero line as we look to push to 5k; a hold here could negate a divergence period altogether.
If we dip further, expect the first support zone to be around 4500 (short-term LTA), followed by 4250 (expected average).
PS. If you created a .eth domain name before October 31st, make sure you claim your
ENS tokens!
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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.
Related publications
Disclaimer
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.