It's really interesting situation. My view is that 400 has to be broken soon or people might lose confidence and start selling.
Meh. I doubt it. It's more like people waiting for it to crash, and when that doesn't happen, they get worried that this is the last chance to buy at this price, and then they panic buy.
That's the other option too, I agree. But I'll consider both of them, 400 is resisting for 4-5 days now and that is interesting with all bullish sentiments around.
Some big buy would need to jump on 400 wall for smaller players to join the party.
To be honest, I'd be pretty bearish at this point if it wasn't to Lucif being bullish. I respect his analysis a lot.
Who's Lucif ?