Last time we saw a CCI this low, it resulted in a double top. Same could happen here, ladies and gentlemen. To reinforce this morning as a good one, we had a double bottom on the NQEM RSI-21 on the 15min timestep. Cryptocurrencies closely correlate with the emerging market indexes, so this is another good sign we can enjoy a bullish run this morning.
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I realize not all marketplaces are reflecting this short day swing, but my prediction holds. All signs point to a rebound from yesterday's low.
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Seems like we did a bit better than a double top.
Slow past few days after that, but what a strong finish this week is having! 143 USD!
Slow past few days after that, but what a strong finish this week is having! 143 USD!