In this idea we will look at 2 potential scenarios: 1. Game continue 2. Game over In case if that was top i expect strong correction 21 EMA can provide for us good support. Also on that level we got our favorite number 0.618.
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Drop below 11500 will confirm correction in progress
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To make it clear, I don't try predict how exactly market will move! with those red and green candles nobody knows that! most important is result ~16k or ~7500-7300 that's the point
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On 1H we are looking good! already above 13 EMA
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On daily 13 EMA provided for us support! the question is can we hold it
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CNBC crypto class "How to buy bitcoin, which has rocketed in value in recent months". This can be good counter indicator :D