With one more real resistance left at around $9500 until we make a new macro higher high in this bear market, I decided to brush out the ole trading tool kit and see if I still got it!
With some crypto Youtubers saying this could be a potential head and shoulders playing out, I decided to look at the charts before I start running for the streets.
And low and behold, a classic bullish pendent, which is a continuation pattern that is currently predicting a heinous $700+ move to the upside.
I think that once we break $9700, we will consolidate and retrace back to test $9500 again before moving any higher.
This obviously isn't financial advice, so don't go risking liquidation to try and catch this move!
Heres to our bags getting slightly heaver this week :)
