Typical weekend scam pump?
Looks to be hitting trendline resistance.
Unless you get some sort of confirmed breakout above I wouldn't be getting into longs based on this early green this morning.
Though I would LOVE to be proven WRONG and have this take off as i have plenty enough longs myself on proxy plays to make it great. I just don't see this really going anywhere.
My call was for a test of $29.8k so IF it breaks this trend for a proper fake out that would by my target.
Looks to be hitting trendline resistance.
Unless you get some sort of confirmed breakout above I wouldn't be getting into longs based on this early green this morning.
Though I would LOVE to be proven WRONG and have this take off as i have plenty enough longs myself on proxy plays to make it great. I just don't see this really going anywhere.
My call was for a test of $29.8k so IF it breaks this trend for a proper fake out that would by my target.
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