Lower highs settings on 1h interval. It is really important to watch it.
2 ways to trade it.
#1
If move above downtrend line on big volume. Then watch for 8300, 8400 and new all time high. But it think this most likely is second option.
#2
Watch 8100-8080 as most important support. If it breaks it easily will move to 8000 and then to 7800. At this moment breaking this support might be start of moving much lower. What it mean? 7400$.
Then watch daily chart - which I will publish soon.
2 ways to trade it.
#1
If move above downtrend line on big volume. Then watch for 8300, 8400 and new all time high. But it think this most likely is second option.
#2
Watch 8100-8080 as most important support. If it breaks it easily will move to 8000 and then to 7800. At this moment breaking this support might be start of moving much lower. What it mean? 7400$.
Then watch daily chart - which I will publish soon.
