Uptrend has begun and seems poised to out perform Bitcoin at least temporarily relatively soon. Would use VPVR for indications of levels to watch for immediate resistance which if broken will likely see quite a nice break out. Nice confluence in that range too looking at the 50 & 200 MA which see like they could flip soon. Looking at the smaller time frames there seems potential for bull divergences to form too. Lastly looking at the most recent price action there is strong buying pressure with lots of trend reversal hammers.
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.