Short term ; Resistance: 10850 & 11000 || Support 10600 & 10300
As expected BTCUSD still remain continue its run up toward 10800 and rejected a bit from it. As long it's within the up trendline, Bull run from BTCUSD is still continue.
Indicators (OBV, CMF and CCI) show a slight weakness compare with current price action, i expect a slow down on bullish continuation. See the chart for the slight divergence.
- It may still continue up while i expect a little pull back/sideways from the resistance or the next resistance at 11000, either for gather more momentum or pull back from it.
Thank you for your time to read this post and please take this idea as a grain of salt as reality always differ from what i expect as this post merely just an opinion, any relation between my posts toward any of your trading decision would be on your own consequence. please feel free to share what your thought on comment section.
peace.