Bulls have been on the move since bears pushed prices below the $10k psychological support. Bulls didn't like that though and quickly bought the dip, trying to make prices bounce. The question is -- can bulls sustain?
Bears have momentum now and bulls are facing several resistances both with price level and trend lines.
Short term upside is favoring the bulls though. There's been increasing volume over the last four 15-minute period bars.
Still lots for the bulls to prove in the short term. On the daily, we're looking for a higher low to finally play out.
Hope you all have a great Tuesday!
Thanks for posting update
much appreciated!
Bearish divergence on the 15 min charts and still nothing bullish on the 4 hr. One last dip down??
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