Over the last few days we're seeing some horizontal trading in the crypto market. It could well be the case that the market will be seeing a period of lower volatility in the coming week since we've been trading straight up for over three weeks now.
My main area of immediate support is the yellow area from $2800-$3000, with $3000 being the strongest support.
I'm expecting the yellow area to hold over the week and function as a spring for a bounce at a later time. First resistance would be the $3450 level. The main target of the current bullish push is the $4000.
Happy trading!
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