Bounced down on center of channel, will retest 24900, if it falls lower then burn your bridges and start stocking up on non perishables.
After the strong fall due to the SEC, Binance API atack and Japan halting trading on some small exchanges we seem to be consolidating.
If not we could continue to its last resistance which is 9400, and then 8500 if that doesnt hold
Hate to be a bear but we couldn't break the descending wedge resistance so it seems we are gonna retest the 9.4-9.8 support
If it breaks 11300 we could see leg upwards to 11800
Nice volume, RSI is high, we could see a leg till 11800
It's decision time! If it breaks the triangle I'm expecting it to hit the next Fib level (11450 - 11800), if it retraces we have supports on 11080 - 11020 but could still go lower. The volume is good for a leg upwards.
We are seeing a bounce on fib but with a real volume, Im thinking we are gonna retest 10200
Good news from Korea and LN news give a bump to a bullish scenario, Im seeing upward momentum till 12k, if it falls from 10900 we could see a retrace to 10100