During the last update I mentioned the bullish signs to watch for.
Since then:
-Support zone held
-RSI and OBV have broken the trendline
-EMAs have crossed up
-Price has pushed into a resistance level
Moving forward...
Bullish scenario:
-Pullback to EMAs then break through resistance
-53k would be incoming
Bearish scenario:
-Price rejects off resistance
-EMAs fail to provide support
-Price falls back to prior key support zone (39-42k)
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