CRYPTO's Still Favoring Bulls -- Pullback Signals Near -- BTC Support Near $7,500
Well, it's been a nice several days lately for the crypto market cap. We've seen some good bull volume come in for BTC with still overall increasing daily volume.
BTC Stayed above the previous low, giving possibility to a new up trend if we can top a high near $11,000. Overall I'm still a little skeptical, but the signs are starting to show for this option.
One of the main signals I'm worried about though is daily Stochastic RSI's for BTC and ETH have both smashed up to the max of the ceiling, meaning there will be a pullback at some point to change direction of these indicators.
Plenty of support on the bottom, but there's potential for longer term consolidation.
Yess
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