Nothing better than a big green candle...

Nothing better than a big green candle...

By toofasteddie | The cryptorunner | 21 Jul 2020


..in order to start the day with!

image.png

Still too early to say that we are out of BEAR's JAWS but, is it not nice to see this show on the 1-Hour chart?

Let's see what we have on the 4-hours chart:

image.png

Symmetrical triangle breakage?

What about the Daily Chart?

image.png

Approaching to the Multi-year resistance (in RED)

But, in order to confirm this Bull trend, we need:

  • Daily Volume increase: Currently stuck around 15 billion USD
  • Breakage of the Multiyear resistance
  • Breakage of the previous High (10300 USD)

Still far from the targets of Bullish confirmation but there is always margin for more accumulation.

@toofasteddie

*Disclaimer: This is just my personal point of view, please, do your own assessment and act consequently. Neither this post nor myself is responsible of any of your profit/losses obtained as a result of this information.


toofasteddie
toofasteddie

Dad, Engineer, Runner and Crypto-trader


The cryptorunner
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