Refer to my previous post on ETH and my thoughts on why we've seen the bottom. Similar set-up here. I've identified key levels of resistance to watch out for. If you really want to be safe with your longs, wait for a break of 17.4k with confidence. There's a lot of other analysis out there that says 17k is a strong level of resistance to look out for (top of the right shoulder of a large H&S pattern).
Flat Kijun acts a price magnet, so I'm fairly sure we will see a pierce into the clouds at least. Also I think we will close with a MACD crossover on the 4h. Ichimoku is on x2 settings here.
Flat Kijun acts a price magnet, so I'm fairly sure we will see a pierce into the clouds at least. Also I think we will close with a MACD crossover on the 4h. Ichimoku is on x2 settings here.