Summary: > Price refuses to go down, anything below 10K gets bought up > Bullish pattern, aligned with most ALTs with bullish patterns > RSI supports the bullish pattern > For now, it seems 10k to 11K is the range for trading |volatility > Risk is high, 60% to 40% ? > A few main resistances to overcome to hit the fib level target and\or slope\upper channel resistance [confluence]
Daily Chart:
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My Divergence hypothesis supports this move, however it shows me that we will go side ways a bit longer before the bullish hidden div.
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I think this level is a critical point
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It looks we will get a drop, a small drop with a stronger bounce. Shorting is the only way for now.
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