Hello people.
so after we broke the down trend "red" as well as the uptrend in blue. it looks like the new trend ( blue) will be our guide throughout the journey ! buying entries should be based on that trend, the next price correction should re-test it, we have one more resistance at around 9800 ( blue dotted line) after than the road is clear to the next major resistance at around 11400-11800$. and that will be the biggest obstacle to ALL TIME HIGH. considering the time it took for this HUGE correction, i expect the price to hit all time sometime around 15-7-2018 ( this just a rough estimation ) will depend on the fundamental news as well.
do not expect the price to up 90 degrees, there will be some corrections ( small and big ). i will update as needed. if you looking for a long signal, wait for a re-test of the trend blue, or wait for the next resistance blue dotted line , wait for a close above, go long with SL under than line.
Good luck
so after we broke the down trend "red" as well as the uptrend in blue. it looks like the new trend ( blue) will be our guide throughout the journey ! buying entries should be based on that trend, the next price correction should re-test it, we have one more resistance at around 9800 ( blue dotted line) after than the road is clear to the next major resistance at around 11400-11800$. and that will be the biggest obstacle to ALL TIME HIGH. considering the time it took for this HUGE correction, i expect the price to hit all time sometime around 15-7-2018 ( this just a rough estimation ) will depend on the fundamental news as well.
do not expect the price to up 90 degrees, there will be some corrections ( small and big ). i will update as needed. if you looking for a long signal, wait for a re-test of the trend blue, or wait for the next resistance blue dotted line , wait for a close above, go long with SL under than line.
Good luck