The green area near the latest candle acts as our support if the price ever retraces. There is also an indication of weak resistance/support in the future.
MACD looks extremely promising, however declining volume giving me a bit of doubts.
Market will consolidate as ARBR indicates indecision of investors/traders.
SAR tells me upward trend still intact for now, we can aim for higher resistance at 3.318 or possibly 3.4.
Overall bullish momentum is still being supported. Just keep a lookout for any flips as an early warning for reversals. US waking up in a few hours time and even indicators cant say what they are gonna do
cryptonerd
OP74490940
:
Honestly i recommend holding and take small profits along the way as Trump is in office. He may propose crypto policies anytime and there will be a sharp rise anytime before you can expect it
cryptonerd OP : 1 hour timeframe btw
74490940 : time to sell @cryptonerd ?
cryptonerd OP 74490940 : I'm waiting for US market to open to see my next moves. Are you a trader or HODLer?
74490940 : holder actually, but im tryiying to sell it cause i got it at 3.19 so i can wait for the dip . @cryptonerd
cryptonerd OP 74490940 : Honestly i recommend holding and take small profits along the way as Trump is in office. He may propose crypto policies anytime and there will be a sharp rise anytime before you can expect it
74490940 : okay
74490940 : thank you @cryptonerd
cryptonerd OP 74490940 : you're welcome. i hope you make great profits from this crypto hype now
74490940 cryptonerd OP : i hope so. i wanna wait for it to see if gets to 3.28 to sell some. Thanks again lol
LoneBone : im getting a vibe off the XRP folk. seems lots of sentiment it’s going off soon.
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