We could get rejected around 61.80 or 78.60 , if not rejected 21 weekly EMA will most likely play as resistance. if we break 21W EMA then i was wrong and the correction is over, But if we get rejected my target is still around the 27k level.
since every correction in the past took about 10-12 months to be ended, no and if we take a look at the ones back than the market gained some back but went to a very high resistance area and fell after it
Mikanoshi
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@redbully27, dip, not a correction, we are not in a bear market.
ASMILLI0NAIRE
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@redbully27, depending on what type of correction it was, ATM we are in a zig zag, so once wave C is completed we should continue with the bull run
redbully27
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@ASMILLI0NAIRE, the problem is in the last corrections or bigger downtrends, we hadn't such a problem of the china farmers are thrown out of their country, so maybe its good for longterm, but shit short term, so I think till they set up everything, etc., it will take up to 1 year....not about imaginary pattern some people might see while being drunk :D