1 - 0.23 fib retracement held strong
2 - momentum continues with some profit taking on fibo extensions
3 - targeting Previous highs around 11560 ( different values for every exchange) check the charts yourself.
4 - liquidations on short side continue and dip buying forcing higher lows on smaller timeframes
5 - 10k psychological levels broken means bull rally continues for many investors
6 - market will always correct ( pullback, retracements,etc) and the smaller the retracement the more powerful the trend becomes
2 - momentum continues with some profit taking on fibo extensions
3 - targeting Previous highs around 11560 ( different values for every exchange) check the charts yourself.
4 - liquidations on short side continue and dip buying forcing higher lows on smaller timeframes
5 - 10k psychological levels broken means bull rally continues for many investors
6 - market will always correct ( pullback, retracements,etc) and the smaller the retracement the more powerful the trend becomes
Comment:
12949 Bitmex, Great job bulls. Seeing some profit taking here. but people still want in without a healthy correction. II'm doing another analysis for the pullback levels