Hammer Candle initiated new buying wave
The exspected consolidation stopped near by the min fibo correction Level (tp1 former view) and a big bullish hammer candle was formed. Such a candle is a signal that the momentum is still strong bullish and the buying pressure is still given.
The Level to watch is now: 4500$
Breaking that Level should initiate a new buying wave up to 4.800 respective 6.000$!
Trading below 3.800$ means aiming the former BO-Level at ~ 2.900$
Former view: Is it time to short the Beast?
The Level to watch is now: 4500$
Breaking that Level should initiate a new buying wave up to 4.800 respective 6.000$!
Trading below 3.800$ means aiming the former BO-Level at ~ 2.900$
Former view: Is it time to short the Beast?
Nota
prepare for breakout! Nota
Nota
nxt 1 ? Nota
aha Nota
last resistance before we see the breakout..but watch the rsi, he is soon making a sellingsignal in this tf Nota
RSI! Nota
Nota
kissing the bo-level 
Penafian
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