Happy halving! At the moment there is not enough volume to push up and stay above the resistance level (recently support) 8850. The MA200 worked well as a resistance level yesterday (2 time touch) I would right now just advice people going long wait for a good entry. Right now, is not a good entry imo. Short scalpers should keep extra focus right now. under...
Keep eye on volume and support levels. Scenario 1: we have to break the $8950 Resistance level with a great Volume for a real long signal. if it breaks that level, i guess $9550 is in the sight.. Scenario 2: if it get below our support level att $8250 we can see some really bearish time..