Inertia.
This is a small analysis of the situation on the middle TF (4h). The previous increase from 6500$ is the momentum, moreover it follows the structure of the local trend change: spring, increased volume, the absorption of bearish candlesticks bullish.
I growth Target in the short term may denote the range between 7800-900$, and then likely pullback, we shall see. At the moment I recommend to gradually build up to long and not to forget that in the crypt there is a correction, it just follows the local trends.
This is a small analysis of the situation on the middle TF (4h). The previous increase from 6500$ is the momentum, moreover it follows the structure of the local trend change: spring, increased volume, the absorption of bearish candlesticks bullish.
I growth Target in the short term may denote the range between 7800-900$, and then likely pullback, we shall see. At the moment I recommend to gradually build up to long and not to forget that in the crypt there is a correction, it just follows the local trends.
