prices been on upwards channeling for a while now.
price's refreshing itself for the next move , pullbacks are becoming longer in duration, highs are lessening,
polarity is changing and important internal structure shows buyers are lacking so their only novice participants up here not pros from the bull side.
lets see how price behaves over coming week/s or so, still looking for clues along the way!! nothing is ever certain.... only then once confirmation PA shows itself. Would be nice see how price reacts or reaches around $60K psych level? if it gets there!? w1: Analysis showed good clear out with long legged indecision red bar w1 and daily chart clearest structure atm. l see no point to picking tops and bottoms but this has hallmarks a nice move which could rattle some fund managers accounts.
Neutral to Short : only if l see right price action higher up .
price's refreshing itself for the next move , pullbacks are becoming longer in duration, highs are lessening,
polarity is changing and important internal structure shows buyers are lacking so their only novice participants up here not pros from the bull side.
lets see how price behaves over coming week/s or so, still looking for clues along the way!! nothing is ever certain.... only then once confirmation PA shows itself. Would be nice see how price reacts or reaches around $60K psych level? if it gets there!? w1: Analysis showed good clear out with long legged indecision red bar w1 and daily chart clearest structure atm. l see no point to picking tops and bottoms but this has hallmarks a nice move which could rattle some fund managers accounts.
Neutral to Short : only if l see right price action higher up .