Accumulation and then up again

25 apr 2018

The bull run of the last days doesn't want to end. We had a small retracement from 9700 to 9400, but the bulls managed to sustain the price. Overall the market wants to go to 10.000 and trying hard to do so. I think we will see an accumulation phase in the next hours before starting a rise to 9500 and then 10.000 super strong resistance. We may see another down movement to touch 8900/9000 as we didn't see a big retracement yet so trade safe.