Following the announcements of Rockefeller, Soros, and Rothschild announcing the entry of money in the world of cryptocurrencies the market seems to have recovered.
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As we noticed yesterday, good news is arriving in the cryptocurrency space giving confidence back to those who had lost hope.
Linear scale 1D:
We were thus able to come back above our long-term resistance and even managed to get out of our descendin wedge, which is positive for the future.
Linear scale 1H:
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While it is still early to announce the end of the decline, we can still hope that these announcements will continue to have a positive impact in the days ahead.
Linear scale 15min:
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We notice the formation of a bullish channel in the short term. For those who like to do day trade it may be good to play the rebounds in this channel but beware of a downward break (4h RSI looking to go down). It's still early in the day and volume could get us out of this channel.
Are we done falling?
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Disclaimer:
Ceci n'est pas un conseil en investissement | This is not investment advice. DYOR
the small dip in the last few hours has me worried
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