Libra Related Base Formation
On the Fundamentals the Libra flop as widely anticipated acting as a push up factor for BTC, ETH, EOS and to a lesser extent XRP. Aggressively loading all main cryptos around current levels ahead of Fed refilling the QE punch bowl later this month....it's happy hour.
For the long term flows the waves are crystal clear mapping out the elegant grind higher:
On the daily things become far clearer as the offer begins to slow down and show signs of evaporating:
For the flows... $8,300 acting as steel support and attracting large buying interest, with all eyes on $8,700 and $9,000 this week from today NY session.
Best of luck all those in BTC and other Cryptos, thanks for keeping the likes and comments coming.
For the long term flows the waves are crystal clear mapping out the elegant grind higher:
On the daily things become far clearer as the offer begins to slow down and show signs of evaporating:
For the flows... $8,300 acting as steel support and attracting large buying interest, with all eyes on $8,700 and $9,000 this week from today NY session.
Best of luck all those in BTC and other Cryptos, thanks for keeping the likes and comments coming.
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