below 7150 was a fakeout

Bots moved the price down below 7150 and produced a fakeout.
There are no real sellers. I expect consolidation (sideways) next few days, then a pump to 8000 before New Year.

Happy New Year!!

p.s. this is just my opinion.

Uwaga

The previous pump to 7400 cleared the area of obstacles for the coming bull rise to 8000

Uwaga

There is also the possibility the sideways consolidation could be skipped and we are heading "now" to 8000.
The 4 hour candle looks like a bullish engulfing.
I see buyers keep on coming in even at the top of this 4 hour candle (7240)

Uwaga

I am expecting a BIG move when 7260 breaks

Uwaga

Some big selling went on at 7215, i bet they they have a stoploss at 7260 if that breaks expect a huge short squeeze

Uwaga

Closed my longs, i fear the high selling volume at this resistance. Could mean dump incoming or short squeeze.

usr32

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usr32