We have now set a very minuscule almost invisible higher high on the hourly, the 4 hour still to set a higher high. We are now also bouncing off the orange sloping resistance line looking to breach it or re-test in the next hour.
What else does this mean, do we short do we go long, i would say its good for the bulls, if and only if we see a higher high on the 4h, but the prospect of keeping the momentum going is again posed another wall at 11400-11500 we sure to ping-pong around that area again before getting past it.
As always Trade Safely, Happy Trading!
Sidenote: I been pondering earlier today that our ideas and analysis affect a whole lot of decisions worldwide, hence i will from now forth leave this here. This is by no means financial advice please do your own due diligence before investing in crypto.
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