Post
Topic
Board Speculation
Re: Short-term analysis
by
pooya87
on 17/09/2020, 10:32:45 UTC
but if the price of 10610 is validly broken, I can hope for the formation of an uptrend, the first resistance of which will be 10850,

the current "uptrend" is suffering from lack of momentum which is why even though these resistances keep being broken, we don't see the rise continue. there is also a lot of shorters who have been hoping for a drop to make profit who are now selling to keep the price low.
surprisingly we saw all 3x $10600, $10850 and even $11000 break in the past 2 days but no heading for $12k yet.!