After a bullish break of the hourly equilibrium pattern, the bulls have had nice higher lows and higher highs on the hourly.
We came within 1% of all time highs and had a sharp sell off. The V shaped recovery occurring has us looking for this to potentially be one of the last flush outs before we head to test $12,000.
A Break of $12,000 should see a few hundred dollars of upside quickly after the break.
$11,550 is now important support for the bulls to maintain hourly higher lows.
Currently in a position from about $11,300 and will exit if the hourly higher lows are lost.
Congrats bulls, just one more push needed for new all time highs.
We came within 1% of all time highs and had a sharp sell off. The V shaped recovery occurring has us looking for this to potentially be one of the last flush outs before we head to test $12,000.
A Break of $12,000 should see a few hundred dollars of upside quickly after the break.
$11,550 is now important support for the bulls to maintain hourly higher lows.
Currently in a position from about $11,300 and will exit if the hourly higher lows are lost.
Congrats bulls, just one more push needed for new all time highs.
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