# Been tracking this ascending channel since halving, now it crossed down lower border (red line).
# Little chance bull had is to make a daily close at least above 9800, even better at 10000 psychological level, or make new high above 10500.
-- Any strong rejection at this level would further give bearman more reason to take over.
# For now bear had an upper hand, although I'd like be proven wrong. Bull have to step up the game now.
# Little chance bull had is to make a daily close at least above 9800, even better at 10000 psychological level, or make new high above 10500.
-- Any strong rejection at this level would further give bearman more reason to take over.
# For now bear had an upper hand, although I'd like be proven wrong. Bull have to step up the game now.
Comment:
So far it played well into our analysis. Yesterday close just below 9800 as expected. Minor retracement to 9500-9450 is possible now. Which is good entry level for another long opportunity.
Comment:
Next support to break 9100-9000, if 8880 is broken then we will see 8500 where the bull make a last defense.
