PUMPING FROM SUPPORT RIGHT NOW!!
Could be a breakout of the pattern if the daily candle closes above 32,5k with volume.
By the time i'm neutral but holding long position from 29k level
i will flip bullish if in the next days we close above 36k, in that case i will add more long positions sure.
The mayor target is 50k (making confluence with the last mayor distribution structure support that could act as strong resistance at 50k , i would also be cautious at the 42k level as an important fibonnaci level)
ALL THIS THEORY GETS INVALIDATED IF WE DON'T CLOSE ABOVE 32,5K OR BREAKING THE 28K LEVEL THAT WILL MEAN BEARISH CONTINUATION AND WE WILL NEED TO WAIT MORE TIME.
By the time i'm neutral but holding long position from 29k level
i will flip bullish if in the next days we close above 36k, in that case i will add more long positions sure.
The mayor target is 50k (making confluence with the last mayor distribution structure support that could act as strong resistance at 50k , i would also be cautious at the 42k level as an important fibonnaci level)
ALL THIS THEORY GETS INVALIDATED IF WE DON'T CLOSE ABOVE 32,5K OR BREAKING THE 28K LEVEL THAT WILL MEAN BEARISH CONTINUATION AND WE WILL NEED TO WAIT MORE TIME.
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