We at an impasse and gradual climb along the 11000 sloping extension of the initial parabolic trend. We look well poised to eventually breach it yet we will meet right above it more resistance at 11400-11500.
On the flip side we may get rejected back down into the sloping extension support from our yearly ATH back towards 10700-10500 and probably 9700 worst case scenario, which we were healthily trying to consolidate all along prior the recent sudden "mysterious" spike.
As always Trade Safely, Happy Trading!
A word from the Greats: This is by no means financial advice please do your own due diligence before investing in crypto.
On the flip side we may get rejected back down into the sloping extension support from our yearly ATH back towards 10700-10500 and probably 9700 worst case scenario, which we were healthily trying to consolidate all along prior the recent sudden "mysterious" spike.
As always Trade Safely, Happy Trading!
A word from the Greats: This is by no means financial advice please do your own due diligence before investing in crypto.
