Yesterday I same that Candle shut on top of $6500 would ensure optimistic worth action! - and also the seventh try was flourishing to interrupt this level within the 1h chart! when the jailbreak whales push {the worth|the worth|the value} go into reverse to $6320 level to arranged tight stop traders then price quickly pops up our mentioned resistance that was $6650. At the instant we have a tendency to may see on the chart that HH & hectoliter formations square measure clean and also the worth moves nicely on the upwards channel! Before we have a tendency to go and climb up to consequent resistance level ($6900-$7000) we have a tendency to may 'want' to retest the spherical range $6500 and undoubtedly got to fight through from $6670!
But, IF the value breaks through the damage $6500 then we would go and retest $6100-$6300.
I thinking that bulls square measure on the market at the instant and prepared to climb a bit bit a lot of, therefore let's have a look at what the market offers to us!
To be continued ..
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