in the weekly chart we see on the previous weeks after retesting our midterm support level at 33k we bounced and kept the momentum for two weeks straight
now the price is consolidating in between mid term highs from last week we must break above or below the range once volume starts building up to have a clear mid-term direction
bulls are still holding a significant edge and advantage, meaning that even without a clear mid-term direction, long positions have a higher probability of success than shorts.
now the price is consolidating in between mid term highs from last week we must break above or below the range once volume starts building up to have a clear mid-term direction
bulls are still holding a significant edge and advantage, meaning that even without a clear mid-term direction, long positions have a higher probability of success than shorts.
