I think this is a good moment to close watch price movement. We had a nice bullish run and this may be the moment where i could take profit after a 100% profit in 3 weeks in some altcoins that i bought. I perfectly projected the rise to 10-10.5k now im looking to profit from it and maybe stack later.
Im starting to see some indicators building up some bearish indicators on the 4h chart. We see a price convergence leading to 10.5k and now price has gone under the support that bring us up to 10k. I expect to see a short term rise in price to 10-10.3k then a drop. It looks impulsive.
Mid term start to shows bearish signal with a daily bearish MACD signal crossover happening at a resistance. I project this will lead us to MA100.
Overall this INV SHS is bullish. Long term indicator remain bullish.:
Trade active
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this is my micro count :
mid term :
long term remain bullish a expect a bounce near 8k-8.3k
Trade closed: target reached
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first target (green arrow) reached.
Waiting for second target (red arrow)
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Thats what we were waiting for guys!! Looking to catch that drop near 8.3k