We are coming closer & closer to the apex of this long long long drawn out decline. Above 7200 is extremely bullish movement, and should be considered a 30% chance to do so.
It looks, more so that we will retest this 6k support yet again, and if it breaks - a flash to the 4.9k mark is immenient.
ETF denials that nobody is mentioning yet, a slight pullback from the recent green week cryptocurrency has experienced and a last shove downward before uptrend reversal.
This could draw for a couple of weeks, however i think we see extreme movement one way or another.
Trade with caution.
It looks, more so that we will retest this 6k support yet again, and if it breaks - a flash to the 4.9k mark is immenient.
ETF denials that nobody is mentioning yet, a slight pullback from the recent green week cryptocurrency has experienced and a last shove downward before uptrend reversal.
This could draw for a couple of weeks, however i think we see extreme movement one way or another.
Trade with caution.
Note
4.9 target smash. Trade closed, Looking to continue down trend towards 3.6-4.2 mark before deadcat bounce
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.