Ok, so we've had a relief bounce, and a lot of #altcoin's have had some really nice gains. But, let's be realistic. #Bitcoin #BTC $BTC
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$BTC still can't even get over the 8EMA on the daily chart. Higher time frames are always king.
$ETH, the king of the #altcoin's, has managed to get over the 8EMA, but is already wanting to retest it. You can also see what has happened in all of it's previous attempts to get over this moving average.
$SOL is very close to crossing the 8/21 on the daily, but it's not there yet, and there's confluence down here near the EMA's themselves. No confirmation yet.
Be careful, don't listen to CT and influencers who tell you to buy just because they have a lot of followers. It's not an indicator that can be relied upon. I hope some of you have realized this already. Stop listening to people in chats, and start listening to charts. π―
It's getting interesting. Looks like it wants to break out to the upside here. I'd love to see this happen and head towards the 21EMA(purple).
FYI: I don't like being a bear. I so badly want to be a bull again. π
FYI: I don't like being a bear. I so badly want to be a bull again. π
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