I see further downside potentional when 50 MA gets broken.. It'll probably bounce back on the 100 MA like it did before ( 4H ) chart. MACD is to higher and wants to go lower as previous, it also got rejected when it tried to retest like before.
Orange striped line is my target to rebuy !!! Long term still bullish if we can hold the 100 MA IMO.
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Target HIT
A load of support coming together expected to stay where we are and bounce back of tomorow starting with the new candle.
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RSI getting squezed getting ready for a big pump or dump
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Consolidation goin on for a few days RSI just below 54 but trying to get above 54 again rn MACD starting to become bullish again. The local bottom is in IMO
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We also got above the 20EMA. ( at time of writing )
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