-- Technical --
We have a positive breakout from the descending triangle with high volume buying. - very bullish
MACD 1D is crossing the signal line into bullish trend , 1D is stronger signal than hours.
We have a Bullish divergence on the RSI and candles trends.
Also, on the Fib Retracement we have dropped blow the previous swing low cycle ( level 1) and consolidated for over a week, indicating a major price support.
-- Fundamentals --
Coinbase IPO is this week on the 14-April, with a valuation of $100 billion. Sushi Swap with a market cap of USD2.4bn looks very cheap and provides the same service and maybe better.
Sushiswap provides more product depth than Uni Swap, yet it is 8 times cheaper valuation - ultra bullish
Happy Bull Market come Alts season ( check out Alt Season analysis below)
Please please please: like, comment and follow.
We have a positive breakout from the descending triangle with high volume buying. - very bullish
MACD 1D is crossing the signal line into bullish trend , 1D is stronger signal than hours.
We have a Bullish divergence on the RSI and candles trends.
Also, on the Fib Retracement we have dropped blow the previous swing low cycle ( level 1) and consolidated for over a week, indicating a major price support.
-- Fundamentals --
Coinbase IPO is this week on the 14-April, with a valuation of $100 billion. Sushi Swap with a market cap of USD2.4bn looks very cheap and provides the same service and maybe better.
Sushiswap provides more product depth than Uni Swap, yet it is 8 times cheaper valuation - ultra bullish
Happy Bull Market come Alts season ( check out Alt Season analysis below)
Please please please: like, comment and follow.
