We have broken true the first resistance haven’t mooned hard but we a climbing for me trend is change short term as the daily has created high lows, and now with this daily an higher high.. this doesn’t mean we are going to the moon. There is still a lot of ground to clear before we could see new all time highs, for a start we need to break 9.6k that is still my target.. and I want to short there is price stagnates.. we need to flush break it maybe drop back and find support there!
For now to reach 9.6k the bulls have to get above 9425.. trend looking to be in favor of the bulls for now, but still keep in mind we are below 9600-9800 and then also below 10400, I will be a lot more bullish if we break above 10400 and find support there. A wick there won’t count for me, but could be a start.
If 9.3k breaks down, bull must maintain support on the upcoming support line now located near 9150..
I am in a long now but looking to short 9600 then drop to 8500ish. If we find support there offcourse I’ll and open a long there if we get near it..
But if that holds and we can climb up further that would be the best scenario for the market in my opinion!
For now to reach 9.6k the bulls have to get above 9425.. trend looking to be in favor of the bulls for now, but still keep in mind we are below 9600-9800 and then also below 10400, I will be a lot more bullish if we break above 10400 and find support there. A wick there won’t count for me, but could be a start.
If 9.3k breaks down, bull must maintain support on the upcoming support line now located near 9150..
I am in a long now but looking to short 9600 then drop to 8500ish. If we find support there offcourse I’ll and open a long there if we get near it..
But if that holds and we can climb up further that would be the best scenario for the market in my opinion!
