Big rise pullback is still bullish beyond that period. Its formed a triangle type settle a few times then broke upwards again. Seems to do that once again now.
So quick outline and guess of lines to watch would be this 10900 kind of base to prices in the last hours and this was tops to action about 12 hours ago so bit of a ledge there (you can see pins Ive cut off on the left so close action here). Thats support and then say triangle descent of lower prices makes 11200 to watch if it can reach this then hold as support it would be bullish continuation. Theres also a wider picture to consider obviously, we're into deeper waters here.
The market support can't hold that longer and I think we gonna have some drops after this.
In fact, we are moving back close to $11k line. If it surges back, then it was great but had a feeling that we can't move close to $15k at this month. It is too early to think for Bullrun, yet we are almost there as the market moves straight forward but that is not the only basis for that coming. We need a strong resistance to make it possible and it was clear to see that we aren't that level for now.
