If you follow some expert traders here or on twitter. A lot of them thinks if it cracks the 8700 resistance, then we are definitely mooning. If it falls to 8200 then we will see a retest of 7800.
If you are a cautious bull, you will wait for the 8700 confirmation before opening a position. If you are a cautious bear, you'd wait for the 8200 confirmation.
It is all psychological. What do you think would happen? 1, 2 or 3? Like and comment below.
If you are a cautious bull, you will wait for the 8700 confirmation before opening a position. If you are a cautious bear, you'd wait for the 8200 confirmation.
It is all psychological. What do you think would happen? 1, 2 or 3? Like and comment below.