The next resistance we are looking at is EMA100 at $6720.
We also have the .
If EMA100 can be conquered with good strength and , we aim at MA200 or $8260 next!
Conditions for change
If momentum is lost and prices move back down, closing below EMA10 ($5630) would send out a signal. If prices close below $5400 the whole setup is invalidated.
What do you think will happen next?
Thanks a lot for reading.
Comments section below!
If you want to trust the analysis, you can read it... Everything is always explained in the description.
Thanks a lot for the support.