Where will we go from here? I think bears might be back...

4 thg 6

I would like to see a move lower from here. But it could happen at 5000 level as well. I consider the liquidity line as important for the market makers. So I might have a valid reason to believe that we could see a lower high forming here. Potential targets are marked.
Just a newbie trying to make sense of the market.
A break of this consolidation would be volatile in eather direction.

7 thg 6

Ghi chú

we have seen a volatile move just as expected. It confirms my idea. first support is met at 3.6k , second one at 3.4k, third at 3.1k.
I expect volatile moves. this was just the beginning of a larger corrective move.

24 thg 6

Ghi chú

second target reached.