As continuation from the previous idea, withdrawals for China are open again on the 7th. Expecting a retrace to support line, ranging between fibs 0.5-0.618, whether or not the top reaches the $1400 target range. I wouldn't short just yet but soon. Bearish divergence on the daily for confluence.
Summary: Psychological Levels- March.7th Chinese Withdrawals TA- Daily Bear Divergence Confluence-Support lines are closely in line with Fibonacci retracement levels
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Other than coming up a little short on $1400 target this was pretty much on the money. Happy trading!
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realSatoshiNakamoto
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We need a pullback to atleast the 50day EMA = 1040usd
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@jostitrade, depending on how high we go first that could be possible. The deeper the better for my short and relong