Looks like a possible Inverted H&S may be forming here on the Daily.
- The Binance news didn't seem to affect the market due to their professional handling of the situation.
- The current Daily Candle is hitting the 30 and 10 EMA. (The circled area)
- Give it another day or so to resolve but it'll be interesting to see where this goes.
- The bulls will need some more volume and momentum since it's been 4-6 days of solid upwards price action.
- The Binance news didn't seem to affect the market due to their professional handling of the situation.
- The current Daily Candle is hitting the 30 and 10 EMA. (The circled area)
- Give it another day or so to resolve but it'll be interesting to see where this goes.
- The bulls will need some more volume and momentum since it's been 4-6 days of solid upwards price action.