I see all kinds of charts being posted right now, I thought I would contribute with my own speculation. This not meant to be one of those overly bullish posts, neither is it an attempt to be bearish . It's purely an observation.
I'm not gonna go around make the worlds most advanced chart, because I don't believe it's necessary. By looking at the daily chart we can draw a trend line that has been tested 4 times already. We have also went under the 100 MA, every time that has happened we have bounced back up again. We will probably be able to tell what's going to happen tomorrow after we get a new candle.
If we fail to go back up we are heading for the 8K-9K zone.
I'm not gonna go around make the worlds most advanced chart, because I don't believe it's necessary. By looking at the daily chart we can draw a trend line that has been tested 4 times already. We have also went under the 100 MA, every time that has happened we have bounced back up again. We will probably be able to tell what's going to happen tomorrow after we get a new candle.
If we fail to go back up we are heading for the 8K-9K zone.
Comment:
We touched the trend line and also bounced up from another support line. We have two layers of support in this case, but market sentiment seems to be that we should go down, so expect 8K in the following days.
Comment:
I am 100% certain we will get a breakout (up or down) before Monday! If you are holding alts I would be cautious.
I am 100% certain we will get a breakout (up or down) before Monday! If you are holding alts I would be cautious.
Comment:
Golden cross baby, we about to go up and test 15K!
Golden cross baby, we about to go up and test 15K!