Short term : Support : 11200 11000 || Resistance : 12000 & 10650
Break out from 11000 is quite outstanding while it's looks a parabolic run up it doesnt slow down a little bit. I expect 12000 would be the next pivot between the downtrend line 2 to be the next resistance ahead. mean while i dont see a
significant support/resistance in between 11000 and 12000. I expect a volatility around this range.Indicators is still on bullish area while OBV is concerning as it's still had a slight divergence between price action and OBV. Nevertheless, OBV still on bullish area. CMF is still make higher low in every run up. CCI is still on bullish area (above 0). expect a continuation until 12000 USD (If BTC make 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.