Price has perfectly rejected the upper side of the triangle. We will see if main support around 6000 holds, and if triangle breaks (which is very near), then which direction.
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Outta' the smaller downtrend...
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A confident 10/3 EMA crossover, and ADX at 10 is almost crossed too. At least a minor bull run is in sight.
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Important levels to watch:
6800
7500
8400 (by this level we will likely be out of the greater downtrend)
6800
7500
8400 (by this level we will likely be out of the greater downtrend)
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Seems we carved a higher low. Now we need a higher high. 6800 remains key level.
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Wow, blasted through the roof. Now 6800 has to remain support, next target is 7500.
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Moment of the truth!
Currently it's above 7500, question is will it stay?
Currently it's above 7500, question is will it stay?
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After a brief faltering, it blasted through (smashing some altcoin-BTC pairs' prices on the way). Let's see if it goes through 8k and 8400 in the upcoming days.
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8k cleared, but it has to stay there.
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...and it' banging the 8400 door already.
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...but got rejected, at least momentarily.
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A return to previous support, it seems.
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Bounced at support.
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Broke the 200 EMA, but the 50 EMA can act as support.