Break ATH $165k in play, Break $34k and $10k in play. Let's see.
If we break and close above the ATH, then I think we're likely to see $165k as the next target to the upside.
If we break and close below that bull/bear line on the chart, then it leads me to believe that $10k will be in play.
Either direction we go, be ready to play it. You could set stops below $34k or buy upon a break (and close) of $65k.
I don't think we'll get a breakout anytime soon though. It looks like we need time to consolidate before moving higher or lower. I think we're likely to consolidate within this structure over the coming months before getting a breakout in either direction.
Key dates on the chart for changes in price action.
If we break and close below that bull/bear line on the chart, then it leads me to believe that $10k will be in play.
Either direction we go, be ready to play it. You could set stops below $34k or buy upon a break (and close) of $65k.
I don't think we'll get a breakout anytime soon though. It looks like we need time to consolidate before moving higher or lower. I think we're likely to consolidate within this structure over the coming months before getting a breakout in either direction.
Key dates on the chart for changes in price action.