If it breaks $11849 I am long-scalping till somewhere like $12800 (shortterm)
If it breaks out of this purple triangle to the downside, I will be short till $9948 at least (If this happens we could also see a little more accumulation happening between/below $9948 and $9600
Which one is gonna win?
Of course the uptrend has shown massive strength every time in the long run.
But we may see some downwards movements here to follow the downtrend and then break out to the upside.
Let me know what you guys think.
Just some support lines and trend lines to have in mind.
It could go up further from here or it could stay here for some more hours and break up later.
If it goes down, the green support lines are good buy-ins. (But only IF!)