I've been unreasonably bullish and I'll be it again!
My main idea has been that we'd revisit $10300 sooner or later,
clear some levels down there and begin to continue our move upwards.
Well, $10300 came, we dipped below and had ourselves a nice little price negotiation.
I'm satisfied now.
While I guess, breaking $11250 will be a bit of a challenge (time for bulls to proof themselves)
my main focus is primarily what price action will be like at $12k.
Ideally we see a nice move upwards from somewhere around here with some Volume to back it
and then a gradual climb towards $12k.
I would imagine we get rejected on our first try.
But what comes after that is in my opinion of significant importance.
I could imagine a massive move from $12k to $13k if the bulls come through.
Some consolidation afterwards.
And if the upper $12k area can be defended, that would be a hugely bullish going forward.
Depending on how fast this all plays out
we could close the year close to $20k.
That'd be nice.
Be careful out there.
Keep it cool
&
Keep accumulating
My main idea has been that we'd revisit $10300 sooner or later,
clear some levels down there and begin to continue our move upwards.
Well, $10300 came, we dipped below and had ourselves a nice little price negotiation.
I'm satisfied now.
While I guess, breaking $11250 will be a bit of a challenge (time for bulls to proof themselves)
my main focus is primarily what price action will be like at $12k.
Ideally we see a nice move upwards from somewhere around here with some Volume to back it
and then a gradual climb towards $12k.
I would imagine we get rejected on our first try.
But what comes after that is in my opinion of significant importance.
I could imagine a massive move from $12k to $13k if the bulls come through.
Some consolidation afterwards.
And if the upper $12k area can be defended, that would be a hugely bullish going forward.
Depending on how fast this all plays out
we could close the year close to $20k.
That'd be nice.
Be careful out there.
Keep it cool
&
Keep accumulating
