Buyers seem to go for a $4,000 zone where recently they secured the EMAs and our bounce zone, which has been acting pretty well.
We are monitoring now for any possible re-tests that might happen to that bounce zone but overall we want to see a break of local highs here and a movement toward the major resistance zone (within the timeframe ofc).
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.