Bears test bulls on their resilience and perseverance
Hello traders
My Technical analysis says:
Multiple bounce from $ 9,000 and confirmation of the current bull support zone
Very important support remains at $ 8,400, if it breaks possible drop to $ 7,500
Current resistance at $ 9,500, overcoming can be a possible impulse for next attempt at $ 10K
Strong resistance at $ 10,000 it is possible to overcome only with high buy volumes, preferably in a combination with significant and good news
Volume in market is controlled by bears, so sales
Probability of movement in the range of 9000 - 10000 dollars
Trading tips:
Open LONG in the area of $ 9000 SL 5%
Open SHORT in the $ 9500 SL 5%
My Technical analysis says:
Multiple bounce from $ 9,000 and confirmation of the current bull support zone
Very important support remains at $ 8,400, if it breaks possible drop to $ 7,500
Current resistance at $ 9,500, overcoming can be a possible impulse for next attempt at $ 10K
Strong resistance at $ 10,000 it is possible to overcome only with high buy volumes, preferably in a combination with significant and good news
Volume in market is controlled by bears, so sales
Probability of movement in the range of 9000 - 10000 dollars
Trading tips:
Open LONG in the area of $ 9000 SL 5%
Open SHORT in the $ 9500 SL 5%
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