I am Bullish as of now within the Crypto Markets. As we can see via our charts we are at resistance for the 3rd time. We have a Daily Demand within the bottom of our Trend Line @ $136 for buys.
Confluence -
- Third attempt @ Resistance. - Supply Block @ $199 likely to be touched soon. - We want to see $199 reject & allow our Daily S/R level to hold as SUPPORT from now on. - This S/R flip will push us above this Supply Pivot and thus form it into Demand. - Demand Pivot shift will signal a shift in market structure to the bullish side. We can project targets of $400-$460 if this scenario occurs.
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