Black arrow, then we find out if we get a nice healthy a-b-c correction or if the bull continues (red vs green)...
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Decent chance it will bounce here to test 10k...but will it last? I don't think so.
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Sellers stepping at the 100 MA:
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nice inverse h + s break on the 30m chart could take us up to the .786:
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Seems like the price wants to test the purple trendline...if it holds we going up to the .786...if it breaks ruh roh we begin our descent to $7500-8k or so. Gluck!
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Nice, bounced nicely off the purple trendline and go a nice little pump. Since we are meeting resistance on teh daily this could stop a bit short of the .786 ...im still expecting this chart to play out. If the daily closes strong ill probably reconsider:
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Woops put the update in the comments by accident.
4h chart showing bearish divergence and a rising wedge...still waiting on that pullback. If we make new highs will seriously reconsider:
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Yes yes I know I was wrong : ) Sorry guys, not a prophet. Looks like we're going up:
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