To be 100% we go any further we have to break $14000.
As you look at the WBM BUY/SELL indicator the price/sentiment is getting saturated.
Its level is not very high and we may go a bit higher but we are close to the correction. AGAIN.
Entering now may expose you to losses.
Be patient and don’t FOMO.
Take a look at the volume.
The current levels are much smaller than in the past 6 weeks.
Important levels to break are $12 000 and of course $14 000.
Time will tell but we are very cautious right now as August is usually a month with the lowest level of volume and it is very difficult to predict the short-term price.
Thank you for reading and your time.
Please do tell us what your current attitude towards the market is.
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