Huh, We actually look to be setting ourselves up fro a potentially very powerful move! I see bullish Divergence in 6 hour charts, CCI is moving into position to express another wave up, and this is actually starting to look more like the fractal from $6-9K, not $6-$12k. Additionally, I'm seeing some REALLY strong buying pressure in the face of ever more shorts cropping up. Almost starting to look like the short machine is a primary indicator to a move up these days! haha. I think it's possible this continues to be more bullish than I had though yet as bullish as I'd hoped.
Getting around from a long Friday night of a well deserved break last night haha. Glad to be up and charting again now. Things could get interesting fast!
Getting around from a long Friday night of a well deserved break last night haha. Glad to be up and charting again now. Things could get interesting fast!
Comment:
I'm taking special note to the uptrending RSI into bullish territory in 6 hour. This is following the same trend style I displayed lower in the dip when I was suggesting reversal indications in 30 minute charts and how this suggested a strong move up. Seeing this now in 6 hour is pretty powerful stuff!
Comment:
I'd like to see a nice bullish cross in MACD to go along with these other indicators to really get excited and kick it into high gear