I'm back for some analysis ! First of all, I need to make an announcement : I've been spending a lot of time recently, watching the charts. Those holidays were a bowl of fresh air and made me realize there are more important things in life than crypto.
This is a reminder for all us : keep important things in mind. Spend more time with your half, your family and your friends. Spend less time on the charts.
As you all guessed, I will therefore post less analysis in here. Be assured I will continue ! But not on a daily basis. More a weekly basis. I want to dedicate more time to what really matters to me in life.
So let's talk about the charts.
Weekly closed and doesn't look bad. That said it could look better. Indeed, a close above 6800 would have been more bullish. Right now, weekly is under that resistance, hopefully we can break out this week. Wait and see.
As mentioned on the weekly, we're under the 6800 resistance. A clean break of this level would bring us easily to 7100, I believe. Right now this could go sideways, but at least we're out of the range we were evolving during more than ten days. Support are 6600 and 6350 levels.
Still the same old 4hour charts. I didn't changed the level for two weeks. Right now,we're evolving between 6600 and 6800. A break out of the 6800 would bring us at 7100. A break down of the 6600 would bring us into the range, with a support at 6350.
Conclusion : I'm waiting to clear one of those level, up or down, before taking any position. So I'm waiting ang sitting flat now.
Wish you all a wonderful week, and if anything happens during the week, I'll let you know for sure.
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