Ascending channel break out, target 37k
We were trading inside an ascending channel and today's massive move provoked a break out, therefore we need to consider a bearish scenario.
Bears will push prices down to 37k area while bulls will need to get ASAP inside the channel and try to reach 45K quickly.
Today's volume was higher than the average of normal session, that is quite a relevant factor to take into account.
Cheers
Bears will push prices down to 37k area while bulls will need to get ASAP inside the channel and try to reach 45K quickly.
Today's volume was higher than the average of normal session, that is quite a relevant factor to take into account.
Cheers
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