On 4hr chart, candles seem to be clinging hard on the bull flag top resistance, possible leg up breakout. HS right shoulder seems to be dragging a little far to complete. Possible mini triangle consolidation, breakout soon in 1-2 day. Seem like the sellers are less willing to sell lower, probably need some bad news to press the price down.
News: (Current) | (Upcoming)
Short term moving average (day candle) :
RSI :
Network Value to Transactions Ratio :100
Total marketcap :245
Dominance :56.5
Bitfinex Margin Long/Short Volume Ratio :
Depth Chart : (S) | (R)
Weekly Timeframe : HOT ~ !!
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Wow...It's like watching a storm gather...
How many here think this is a HUGE upcoming bull trap?...
I think we launch to at least 9.4k in the coming weeks...
then plummet back to 4.5k area?...Lot's of money to be made either way...