just analyzing to possible scenarios that could play out to the upside.
holding on to 38,000 will probably consolidate in this area and gain power to break above that supply zone.
Price is working its way up the ladder, needs to break and close above the next resistance zone.
Candle Close above 42000 and over the 200 Ema will snap that downtrend for good:)
nice 4H close near support hopefully this is the main demand zone... still have a few areas to break above now with this recent dip.
Making higher lows.. needs to breakout this pattern retest for a continuation higher.
Up about 75% in 24hrs off yesterdays low, if we get a daily close above $2.10, i swear this will go parabolic to $3.20/$3.50 next. (N.F.A)
-Fib extension, a close above $2.50 on the 4Hour chart. and we could see next level $3.10 area .