The crypto market is nicely rising, but we still see some key resistance levels here around 2.3T area for wave (1) of a leading diagonal pattern. If we suddenly see a reversal down, then we are back in the weekly range and we should be aware of a new corrective slow-down in wave (2) before a bullish continuation for wave (3) of a five-wave bullish cycle. However, if we see a strong continuation higher this week above 2.4T area, then bulls could be real, where wave (3) of an impulse can be already in play.

For a detailed view and more analysis like this, you may want to watch below our latest recording of a live webinar streamed on October 14, 2024:

Video Length: 00:48:12

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