Post
Topic
Board Speculation
Re: 2 charts (short term), bulls and bears which is right?
by
Kemarit
on 11/06/2020, 05:22:39 UTC
At time of writing it spiked up to $9950 so still in the green and purple bullish channel shown above by dragonvslinux. Volatility is very low and thinning as shown by hugeblack indicating that a sharp move in either direction is imminent. I'm thinking a spike above 10k before a major dump towards 8K, below that is anyone's guess

Yes, we suddenly spiked to $9950 and trying to breach that 5 digits again. So possible scenario is test $10400-$1100++, or a drop to below $9500-$8800, so it's going to be interesting to see how it goes in the next couple of days. Volume though looks like in the middle, hard to see where the direction will go, but it is coming.