We all know BTC runs the show. My theory is that because the 50MA and the 200 MA are converging --coupled with the bullish daily momentum divergence on price with "W' forming--
Bullish until BTC hits 50K again being that this may just be a retracement from the current down trend BTC is in. BTC shows major resistance at 49,500\50K range.
First Target Golden area of pitch fork 1.20/1.25
Second Target last area of major support 1.45ish
Bullish until BTC hits 50K again being that this may just be a retracement from the current down trend BTC is in. BTC shows major resistance at 49,500\50K range.
First Target Golden area of pitch fork 1.20/1.25
Second Target last area of major support 1.45ish