Finally creating further consildation. Bears can seem to knock us below 29.3 ish
Looks like a bull flag on 4 hour
Love to see sideways considlation after a big push of a move. I still have this overall channel kind of like a large rising wedge. I’m keep it as my support and resistance zone of overall trend. Doesn’t have to mean we get there and reject that means we are droppin like crazy.
32,9-33k is that reistance I’m watching Howver if this is a bull flag,
We need to pop 31,500 and hold as support
If this bull flag plays out the target is 38,200-38,400 somewhere in that zone
33k-32,9 k should stump us a little
So depending on reaction after that level should show us where we are most likely headed. I’m still long and remaining with long bias
Looks like a bull flag on 4 hour
Love to see sideways considlation after a big push of a move. I still have this overall channel kind of like a large rising wedge. I’m keep it as my support and resistance zone of overall trend. Doesn’t have to mean we get there and reject that means we are droppin like crazy.
32,9-33k is that reistance I’m watching Howver if this is a bull flag,
We need to pop 31,500 and hold as support
If this bull flag plays out the target is 38,200-38,400 somewhere in that zone
33k-32,9 k should stump us a little
So depending on reaction after that level should show us where we are most likely headed. I’m still long and remaining with long bias