Bitcoin is looking more promising for the bulls.
A sustained break above $10k would be bullish in the long term. This is where the longer term averages are converging, which is often where there is greater resistance.
I like to use a simple moving average of 15, and then Fibonacci numbers based on 15: 45, 120, and 195
In the near term, the outlook is neutral below $9k, and bearish below $6400.
A sustained break above $10k would be bullish in the long term. This is where the longer term averages are converging, which is often where there is greater resistance.
I like to use a simple moving average of 15, and then Fibonacci numbers based on 15: 45, 120, and 195
In the near term, the outlook is neutral below $9k, and bearish below $6400.