Nothing remotely fancy. Bitcoin rarely refuses this bear play in its history. Namely see 3k and 5k tops.
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First big target 17k. If that breaks then main target 14.3k.
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A huge, quick move like that almost guarantees we are bouncing. Check 4h ichi and look at the past movements into the cloud. Now try to buy the dip.
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Forgot to update but we entered 4h cloud and broke major trendline from 5.4k (higher lows). Will be pretty amazed if we don't correct to at least 14.3k here.
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Target hit!
Now if we fall out of 4h cloud I'm expecting 11.7 or 10.5 -- those are Bitmex prices, too lazy to find Finex equivalent, but they are not that far apart just now.
Now if we fall out of 4h cloud I'm expecting 11.7 or 10.5 -- those are Bitmex prices, too lazy to find Finex equivalent, but they are not that far apart just now.
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Some cautious knife catching - bounced off 1000h EMA