On a 1month chart, longer time frame.. Looks to be overbought.. We are too far away from the moving average and a small correction is due down to around 47k..
It looks also like the last wave is completed?? As of now bitcoin Cash has already confimed to me of a possible down move on the 15mins and testing the 30mins support.. But if both these timeframes agrees then down we go.
I have reduced my holdinfs by over 50% and will reenter if she gets near my target objective. Otherwise hold the rest until kingdom come.
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