SUMMARY: Bullish, expect new local ATH
-- Technical --
Major supports retested including 0.90 level and the EMA 55 days - very bullish
Pennant Flag had a fake out over the 1D time frame and is becoming increasingly common price action movement. Fake out is generally an extra confirmation of the bull trend.
We continue to form Higher Lows - very bullish signal.
-- Fundamentals --
See link below - BTC Dominance continues to fall.
BTC is in a new consolidation phase.
$$$ Happy Bull Market come Alts season $$$
In addition - if you enjoyed the analysis and would like more : Please hit "like" and "follow".
SO: What do you think, have I missed something or is there a particular indicator you like? Let me know in the comments.
*Not financial advice and is for educational purposes only. Always DYOR.
-- Technical --
Major supports retested including 0.90 level and the EMA 55 days - very bullish
Pennant Flag had a fake out over the 1D time frame and is becoming increasingly common price action movement. Fake out is generally an extra confirmation of the bull trend.
We continue to form Higher Lows - very bullish signal.
-- Fundamentals --
See link below - BTC Dominance continues to fall.
BTC is in a new consolidation phase.
$$$ Happy Bull Market come Alts season $$$
In addition - if you enjoyed the analysis and would like more : Please hit "like" and "follow".
SO: What do you think, have I missed something or is there a particular indicator you like? Let me know in the comments.
*Not financial advice and is for educational purposes only. Always DYOR.
