As we see on this 1 D chart now, there has been a huge rally up, which also resulted from a massive short squeeze.
We are in 7400 areas now. There should be a healthy retracement now, but maybe there is room till 7750 areas (where the red line is), where also the next major resistance is.
Let's see what plays out sooner or later in the short term, But i think we will go up a bit more higher and then retrace potentially to the 7200 areas again. Where I would place a new long position again.
*This is not an financial advice, this is only an idea. Do your own research and act on your responsibility.
We are in 7400 areas now. There should be a healthy retracement now, but maybe there is room till 7750 areas (where the red line is), where also the next major resistance is.
Let's see what plays out sooner or later in the short term, But i think we will go up a bit more higher and then retrace potentially to the 7200 areas again. Where I would place a new long position again.
*This is not an financial advice, this is only an idea. Do your own research and act on your responsibility.