Price broke out the resistance at around $4,620 and created a new ATH as expected. MACD is still showing bullish momentum, RSI is slightly overbought and price is back above EMA ribbon. We could see a small retracement to the $4,620 and probably $4,550 before pushing up again, and if broken we would be waiting to see price's reaction on the 2h demand.
Price broke out the resistance at around $4,620 and created a new ATH as expected. MACD is still showing bullish momentum, RSI is slightly overbought and price is back above EMA ribbon. We could see a small retracement to the $4,620 and probably $4,550 before pushing up again, and if broken we would be waiting to see price's reaction on the 2h demand.