Bullish and bearish scenario in here.
BULLISH: we are repeating the previous breakout with ratios taken into account - this would take us to $10,300
BEARISH: we are forming a rising wedge and will fall down hard to find support in 6000-7000$ region
Personally, I think bearish scenario is more probable but only time will tell.
Please note that I am not a professional trader and these are only my opinions and observations on the market.
Best regards to all!
BULLISH: we are repeating the previous breakout with ratios taken into account - this would take us to $10,300
BEARISH: we are forming a rising wedge and will fall down hard to find support in 6000-7000$ region
Personally, I think bearish scenario is more probable but only time will tell.
Please note that I am not a professional trader and these are only my opinions and observations on the market.
Best regards to all!