We see a strong rejection from the price action at the $ 22,500 support zone. This may lead to a small pump & dump move from $ 22,500 to $ 23,200, a good zone to open Scalp trades.
From here the price could visit the upper part of the channel again or make a double bottom and repeat the previous movement.
Our sentiment is that a pump & dump will take place due to price depletion, to resume a rise after this short period of accumulation.
From here the price could visit the upper part of the channel again or make a double bottom and repeat the previous movement.
Our sentiment is that a pump & dump will take place due to price depletion, to resume a rise after this short period of accumulation.
