NOTE: The crypto market closed bullish today on PRICE but not confirmed by VOLUME.
ST there is no clear direction but there continue to be multiple patterns and indicators that higher targets that are mod to high prob to be hit intermediate/long term.
As we post this we’re retesting the key 8400 level for BTC and most key altcoins are moving right along with BTC for now.
Don’t assume we’ll see higher prices soon — trust the patterns as they emerge and TRADE SAFELY!
Watch BTC and XBT Futures for signs of strength because if we move up from here with volume, things could move up very quickly. At the same time, if we start seeing increasing volume with very small recovery moves up (trend down day) we may see a close below $8000 and could even retest the lows.
We told you to have fiat cash available — the current set up should give you an opportunity to take advantage of higher prob entries at lower OR HIGHER prices.
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