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I will have to find the clear detail.
The problem is from the last bull run the range between 12-20k went reasonably untested so within that range there might not be much resistence.
We need to close the weekly candle above the 200 EMA, wicking below like today is ok.
Very bad sunday eve if...
Yeah I put 3 arrows in the whatsapp group earlier...
There is significant liquidation zones for massive hedge funds like micro strategy is 16k.
That would cause a big cascade downwards
Yes-
We got down to 20200 again - strong support at 20k, bounced the market -
20% gains on alts in the space of 30 mins > EG chain link etc etc
Ive started buying some long term holds.
Wilder World. $400 at $0.185 (Down 98% from ATH )
If your into Crypto these are the days we have been waiting for...
20K is touching the 200 EMA but there is usually 1 capitulation wick down below -
So estimated bottom of the wick at some point 14 - 17500.
I missed it but celcius hit 0.13 at the bottom. It hit 1.87 today for a moment- 14X in...
Most of our whatsapp group did 3-5X gains on LUNA this weekend.
From a buying POV > Buying some however some expecting another dip down to 20k.
For perspective - last bear
Jan18 Etherium was $1400
Dec 18 Etherium was $88
94% down from ATH.