Bull or bear?

٩ أكتوبر ٢٠٢١

Important level. Do we break it and party hard or will we go down first? A weekly closing above the line is needed (not perse this week).

Remember, the majority always have to be wrong. To wipeout all the new investors, before a major bull market, might just happen.

١٢ أكتوبر ٢٠٢١

ملاحظة

We had a fake breakout to the upside to start this week. Today closed below the trendline. We need to close the weekly (!) candle above the trendline for a strong bullish signal. If we close weekly below the trendline it is a slightly bearish signal.

٣١ أكتوبر ٢٠٢١

ملاحظة

We are (probably) closing this month above the middle trendline. We already tested the middle trendline this week and bounced back up. This is a bullish signal.

١ فبراير ٢٠٢٢

ملاحظة

We have closed below the trend line. Currently reaction to get back into the trend. If that fails we are looking at a minor support at 30k, solid support at 12k and major support at 8k.

١٢ مايو ٢٠٢٢

ملاحظة

We broke 30k and now in no-mans-land. Solid support at 12k and major support at 8k.