Feb. 6 upswing, what next?

[panmores]

Some 20% up in 24 hours:

Simple technical rebound after the month-long gloom and doom?

It's unlikely that the correction is over just like that, yet the markets gave some relief signal.

Wasn't just a volume injection that made prices rise. Volume was more distributed and balanced.

1-day MACD crossover is just about on the brink, depending on the next candle...

As all (top) coins move in near perfect sync, we remain at the mercy of the other movers (market makers' basket trading?!).

Over to you, masters of charts wisdom.

[Malloy]

TA suggest that you are right...it's not over yet...not out of the woods...but today Senate Hearings is probably the best cold shower to shorters we could get...that might send us on a sideway trading pattern for a couple of days/hours/mins...anyway...until the next news or group comes out of the shadow...

Sorry if I'm repeating myself...but...TA doesn't really apply to crypto yet even though it's good to keep an eye cause everyone keeps an eye (remember what I was saying about signs and patterns...what comes first)