What do you think about the possibility of false breakout and bull trap to catch the short stops and trapping a lot of new FOMO longs? And when everyone gets bullish, dump to new lows...
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Do you think that the 5800 support will eventually be broken? If so, do you believe that 4300 is a probable target?
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I think there will be a run up to the 23rd etf announcement and then we go down under
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Gotta wait for the Stoch RSI to produce a lower high while price makes a higher high. Stoch RSI can be overbought and come down slightly while price consolidates mid-trend before heading up to top out. This happened in April and July before we went down
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