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Lets jump into this...
My youtube video is up on this chart too if you want explantion for my projections.
Otherwise, establishing support over 8400 indicates a rally to 9k, and if we get shut down in or under that red box (8400) then I'm targeting 7700-7800, more specifically the 7775 target is the 618 fib golden pocket. If we drop to 7800 my mid term sentiment will be A LOT more bearish, I'm leaning more bear right now even though we have such wondeful news coming out in the crypto market these markets are too heavily manipualted for fundamentals to not be manipulated as well until we get more retail/institutional money in these markets to make the manipulation have less of an impact
Until we get over 9100 and establish strong support as we did previously I wont be turning my bullish sentiment that direction. Those are the numbers im watching for. lets see how it plays out.