Could really go either way. Bias is towards consolidation and shakeout plays.
Not a single 4hr closed below yellow MA. Ascending Triangle. RSI holding support. Vortex Oscillator curling back around. Bullish AF
Small breakdown with quick to medium pace accumulation near $8.3 before retest of resistance and a major push through.....
Limit orders set up for longs will wait
Been long since $8k keep it pumping to $10k
This picked up the massive bull run in 2019. If you are not long, then you are wrong.
Even though a breakout soon is likely on the cards I feel big money will keep trying to shake out bears in the 7k-8k levels. This is one of my theories... Other theory is we breakout to the upside hit around $10k and then come back down for re-accumulation... We shall see...