The price is pressuring the 377-EMA as it tries to bust out of the realm between the 233-EMA support and the 377-EMA resistance.
I highlighted in blue the area I would like to see the price trade in the coming months.
Still a buyer on shallow Fib levels... or if it breaks lower, the 61.8% and red trend line level is another buy.
Happy Trading... $6000 here we come (with a speed bump likely at 5700)
I highlighted in blue the area I would like to see the price trade in the coming months.
Still a buyer on shallow Fib levels... or if it breaks lower, the 61.8% and red trend line level is another buy.
Happy Trading... $6000 here we come (with a speed bump likely at 5700)