Still bullish, potential break of first resistance line
I am watching closely the range between the 2 orange resistance lines from ATH,
and looks like we are reaching that range again, if we pass 9200 we are on it again with great chances of a pull back around 9500 and so on.
Fear index is at 41 again so great chance to buy more now, the flash fall from 9255 to 8940 was definitely a Whale liquidation move that failed to pull the price down to under 8900 (the major resistance at the moment on my opinion) and is creating more capitulation for BTC at the moment, so since the market is up and Fear is everywhere Buying now sounds like a good idea.
Have a good one and always, always use STOP LOSS.
and looks like we are reaching that range again, if we pass 9200 we are on it again with great chances of a pull back around 9500 and so on.
Fear index is at 41 again so great chance to buy more now, the flash fall from 9255 to 8940 was definitely a Whale liquidation move that failed to pull the price down to under 8900 (the major resistance at the moment on my opinion) and is creating more capitulation for BTC at the moment, so since the market is up and Fear is everywhere Buying now sounds like a good idea.
Have a good one and always, always use STOP LOSS.
