Dont get too excited about a rise, correction is not done yet, use higher time frames to see the trend
so far every support has been broken. now its cooling of to make further moves down
waiting for 42 support, if it breaks or if it doesnt spring up from second try then will be waiting 40k support (best is 40k it will have more strength to break out of 47k, like it happened with 42500 resistance)
if none hold it can go down
whales still closing positions and taking profits, and they will want lower price to get in maybe around 36600
if 36k doesnt hold then we will see lows again
not financial advice
so far every support has been broken. now its cooling of to make further moves down
waiting for 42 support, if it breaks or if it doesnt spring up from second try then will be waiting 40k support (best is 40k it will have more strength to break out of 47k, like it happened with 42500 resistance)
if none hold it can go down
whales still closing positions and taking profits, and they will want lower price to get in maybe around 36600
if 36k doesnt hold then we will see lows again
not financial advice
Comment:
www.newsbtc.com/news...-whales-sell-gemini/
