CRYPTOS Back On The Move

Happy Saturday! Cryptos are back on the move and we're seeing great upside again!

At this point, I'm really thinking we'll probably see another leg up with a higher high. Along with this, we'll likely see a lower high on RSI 4-hr chart which will signal less strength and a likely pullback. This scenario is almost always the case with these types of patterns and we see higher price action leading to a top before a pullback. Subsequently, we see RSI doesn't reflect strength and the trend line divergence signals pullback.

So what can we expect? My guess right now is a short term leg up, wtih consolidation and another leg up on the 4-hr and hourly charts. Then we'll have to gauge the situation, but likely there's a top coming in.

Daily RSI is still way overbought, so this is likely to be a sign as well of a top coming in eventually.

Grats to the bulls once again. Hope you all have a great weekend!