Hi,
We are at the crossroads.
The $41000 levels have not held. It becomes impossible to quickly regain the growing pace of the Red Max Flow-lines.
The bullish scenario is not dead.
=> As expected at the beginning of the week (see links below), We can still pursue a moderate rise by following the blue channels of the Moderate Flow-lines.
=> For this to happen, it is essential that the time-price matrix (red rectangle) holds. We are in the lower limit. The behavior of the weekend will be crucial to maintain the bullish scenario.
If the $39400 level does not hold, we will find the bottom of the range : $33000.
** It's an exciting time, what do you think ? **
We are at the crossroads.
The $41000 levels have not held. It becomes impossible to quickly regain the growing pace of the Red Max Flow-lines.
The bullish scenario is not dead.
=> As expected at the beginning of the week (see links below), We can still pursue a moderate rise by following the blue channels of the Moderate Flow-lines.
=> For this to happen, it is essential that the time-price matrix (red rectangle) holds. We are in the lower limit. The behavior of the weekend will be crucial to maintain the bullish scenario.
If the $39400 level does not hold, we will find the bottom of the range : $33000.
** It's an exciting time, what do you think ? **
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