New ATH again or Retest 20K then push to 25K and beyond
I think we will sit in bottom of this channel for a bit before the next move
Where we would be consolidation under resistance, which is a bullish sign and there is a lot of buyers present
This could send us through the resistance at high 22s low 23s and onto a new ATH
Its hard to call now, but depending how long that consolidation is depends where we go. If it is multiple days we go up
If it is, for example 8 hours and we loose the channel (weak buyers) we restest 19.8-20.2k levels
I expect the retest to be very successful - get some bids set soon
Gonna have to play the channels and buys at 20K zone accoridingly
Where we would be consolidation under resistance, which is a bullish sign and there is a lot of buyers present
This could send us through the resistance at high 22s low 23s and onto a new ATH
Its hard to call now, but depending how long that consolidation is depends where we go. If it is multiple days we go up
If it is, for example 8 hours and we loose the channel (weak buyers) we restest 19.8-20.2k levels
I expect the retest to be very successful - get some bids set soon
Gonna have to play the channels and buys at 20K zone accoridingly