* Finaly broke out of de correction channel! * On relative low volume, so the this could be the beginnen of a big bull momentum! * it looks very strong, wouldn't be suprise if we go to 9 / 9.2k next days * Sentiment is bullish and big altcoins to. * We need a daily close around the price so we could say the market dynamics are changeing
Low volume breakouts are weaker and more prone to failure. High volume breakouts indicate conviction. We will more than likely fall back into the channel and IF this is reversal it will retest breaking through.
Marcelvv
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@mduchow, could be, we never know mate, We will see :)
Unchained_Trading
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@Marcelvv, I agree this absolutely could be reversal we are approaching price levels that could facilitate that. Specifically $9,000. But it would not surprise me in the slightest if we see heinous downside from here