seems to be unable to break out of this , which has been going on for over a year now. As you can see by the chart I believe in the coming weeks we will test the $3000 or potentially the $1700 in a extremely scenario leading to a test of the May – July support levels, which would be a major issue for now just in a monetary sense but in a psychological sense. However it may not be all doom and gloom for , if was to go into a bull run in the upcoming weeks and we managed to break the $4460 , there is a chance we could break out of this and push higher, potentially retesting the $5,800 levels, however I don’t think we could break this level, unless we start seeing much higher within , this is because this was a major in the months prior, however since breaking it I believe it will be a massive resistance point for now for , which I think it will struggle to surpass as a result.
Published at Sun, 13 Jan 2019 01:56:50 +0000
