Crypto market remains up after recent sideways consolidation
|Last week before holidays we warned our members about bullish Crypto market and corrective sideways consolidation within uptrend, which we see saw as bullish setup formations of different degrees.
Crypto total market cap 1H chart from April 07 2023
As you can see today after holidays, Crypto market is breaking higher in an impulsive fashion. With a break above March highs, seems like Crypto market is unfolding a new five-wave bullish impulse of different degrees. So, as long as the price is above 1.15T, be aware of a continuation higher towards 1.3T area or higher, just watch out for short-term intraday pullbacks.
Crypto total market cap 1H chart from April 11 2023
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