Nice fast bull break after a choppy week. will see if there is any follow through over holiday weekend, or if this previous support level now provides too much resistance to break without cooling off first. 4H SAR flipped bullish. resting now inside the 4H KUMO. top of 4H KUMO and weekly exponential resistance around $3,800. similar significant moves across the market.
Bitcoin finally breaking out of tightening equilibrium pattern that has been forming for a couple weeks. Also has made a nice move above the KUMO 4H and flip of the SAR 4H. Could see more continuation above $4,000, or perhaps will build an even larger flag pattern if the resistance around $4,200 doesn't break. Will be interesting to see the end of week action in...
Hard to believe it's only been 10 years since Satoshi created the genesis block of the world's first open decentralized public form of sound money, and yet this new asset class is still a tiny puddle in the scheme of global markets. The opportunities within crypto over the next 10 years will surely be astounding! Current Monthly RSI near 44 comparable to...