Hi Traders,
I know this will not be very detailed but I share my view here.
I see three possible scenario in the short term.
Let me know what's yours preferred one.
Chart 4 Hours
Price is at a major Weekly Support, sentiment seems Bullish but who knows.
Choose your pill
Green - Bullish
Price test 45000 again then Breakout and Up for the Bulls run.
Red Indecisive
Price go under the Weekly Support but refuse to follow the Bears and start a Trading Range
Blue Sadly breaks below the Weekly Support, retest latest S/R and then Bears again in control.
Have a good day.
I know this will not be very detailed but I share my view here.
I see three possible scenario in the short term.
Let me know what's yours preferred one.
Chart 4 Hours
Price is at a major Weekly Support, sentiment seems Bullish but who knows.
Choose your pill
Green - Bullish
Price test 45000 again then Breakout and Up for the Bulls run.
Red Indecisive
Price go under the Weekly Support but refuse to follow the Bears and start a Trading Range
Blue Sadly breaks below the Weekly Support, retest latest S/R and then Bears again in control.
Have a good day.