Bulls keeping momentum in their favor riding support and continuing to head towards resistance.
We have BTC and ETH looking at the last daily resistances before some clear space,
while LTC continues to be a major lead bull breaking out to higher highs on the daily with little resistance nearby.
I personally entered an ETH position this morning in the $137s with a stop using the hourly support levels, to see if bulls can push through $141 where there is a lack of resistance on the daily chart.
There is potential LTC continuation is giving the early indication for continuation of these other coins, but we will need to see strength hold through the weekend if that is the case. While bears certainly made their presence known with the dump a couple weeks ago, it was only for 1 day and there was little prolonged "control."
We have BTC and ETH looking at the last daily resistances before some clear space,
while LTC continues to be a major lead bull breaking out to higher highs on the daily with little resistance nearby.
I personally entered an ETH position this morning in the $137s with a stop using the hourly support levels, to see if bulls can push through $141 where there is a lack of resistance on the daily chart.
There is potential LTC continuation is giving the early indication for continuation of these other coins, but we will need to see strength hold through the weekend if that is the case. While bears certainly made their presence known with the dump a couple weeks ago, it was only for 1 day and there was little prolonged "control."
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