We need 200-300 BTC points more of upward tempo to breach resistance, sunshine and rainbows after that.
If we fail to break we are left with an evening star on the day chart, which can result into more bearish sentiment.
All-in-all at the moment I'm giving the bulls the 66% advantage.
Putting money back in at 10900, stop loss 10200. Target 13000 before re-evaluation.
If we fail to break we are left with an evening star on the day chart, which can result into more bearish sentiment.
All-in-all at the moment I'm giving the bulls the 66% advantage.
Putting money back in at 10900, stop loss 10200. Target 13000 before re-evaluation.
Comment:
Bulls win 75%, Bears win: 25%, good enough odds to start adding to position. Stop loss: 10200
Comment:
10900 level reached, let’s see how she rolls today. We are in Bulls territory, previous resistance should now act as support.