- Major resistance around $11,800
- Major support around $6,000
- Expect to find resistance around Fibonacci levels.
A break above the (Blue Line) will likely see a rise to the major resistance line.
A break below the (Blue Line) *may* see a sell off to point C in purple, or a at $6,000 with major support.
Long term target of $18,000
After this week price action, the market is looking bullish for now.