NFA: based on a simple indicator, the price of eth is looking like its heading to just above $7k
The only question is if it will retest resistance or will it just pump.
My theory is that we could see a pull back once resistance is broken before we run to just above 7k
Interesting times ahead, Stay Safe
Happy Trading
Two weeks I posted that the next target was somewhere around the X.
we rejectd because we did not close above.
but we are here now.
We have closed above previous resistance and this is looking bullish AF
I think we are headed further up from here, however time will tell.
Happy Trading
1) Price action impulsed moved down
2) Continuation of a Down Trend
3) Price Action - Attempted to Move up forming a Bear Flag
4) Price Action Broke Trend Line
5) New Market Structure was created with a Lower High
6) Bearish engulfing Candle Stick
Price will drop to blue line