I believe we're now heading to around $1150, at this level we will meet major resistance at descending wedge, daily cloud and potentially the 50 day MA. This will probably send us back down to $9000, finding support on rising trend line and 200 MA yet again. (potential double bottom)
Early March will be the real test as the price gets squeezed by descending wedge and long term ascending trend line. This is the area to watch for, hopefully we break through the falling wedge to new ATH.
Early March will be the real test as the price gets squeezed by descending wedge and long term ascending trend line. This is the area to watch for, hopefully we break through the falling wedge to new ATH.