Bulls still in short term charge
Here is my first analysis on Trading view, hope you like it.
I see a clear bullish channel to 7.5K, where I see a mayor resistance level, I expect to go sideways but inside the bullish channel for the next days, once We reach 7.45 // 7.65 levels, going long at 7.2 and start taking profits 7.4 is a good strategy for me.. By now, all indicators are bullish in the short term, see the MACD bellow for example, of course We need to have in mind that We are still on a bear market so We should be very careful with trades, some unexpected bad news will turn in a fast drop.
I see a clear bullish channel to 7.5K, where I see a mayor resistance level, I expect to go sideways but inside the bullish channel for the next days, once We reach 7.45 // 7.65 levels, going long at 7.2 and start taking profits 7.4 is a good strategy for me.. By now, all indicators are bullish in the short term, see the MACD bellow for example, of course We need to have in mind that We are still on a bear market so We should be very careful with trades, some unexpected bad news will turn in a fast drop.
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