Some things I noticed about the pull back are that we are not in a wedge, but more of a channel set by the height of the previous pump a few days ago. The drop was nearly equivalent, but the volume has really increased.
It seems the price wants to move north even with this drop. The bears lost steam in the 8800-9000 range and we are trading well above it now. Would be great to see a close above 9300 today to keep the bullish trend going.
It seems the price wants to move north even with this drop. The bears lost steam in the 8800-9000 range and we are trading well above it now. Would be great to see a close above 9300 today to keep the bullish trend going.