11K is the ambiguous level. Weak support, sometimes act as resistance and sometimes is broken up with violence.
So basically 11K is the level that bulls have to put in the pocket before to aim any ATH.
Bearish we are clearly after a break under the support of 9.1k. Target would be around 6K.
A break under 9.1k will bring some of the top altcoins under strategical bullish levels putting the whole market on a dangerous situation.
Until there is still a no trade situation. Enjoy the low volume.
BIO
So basically 11K is the level that bulls have to put in the pocket before to aim any ATH.
Bearish we are clearly after a break under the support of 9.1k. Target would be around 6K.
A break under 9.1k will bring some of the top altcoins under strategical bullish levels putting the whole market on a dangerous situation.
Until there is still a no trade situation. Enjoy the low volume.
BIO
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Gap almost filled, 11k rising wedge
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