Still in uptrend to reach 18000
-The resistance around 16666 was broken with bullish engulfing candle. This indicated the bull force is still massive and the price will keep moving up to 18000 this week.
-The price might do temporary retrace and bounce up from the trend line or support at 16050.
-Those who haven't enter long trade yet, may put their buy limit at 16100.
Previous analysis as expected
-The price might do temporary retrace and bounce up from the trend line or support at 16050.
-Those who haven't enter long trade yet, may put their buy limit at 16100.
Previous analysis as expected
Note
Watch up for the price to break down trend line.
Note
Big explode soon
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.