If we reach the top of the channel, that's going to be very interesting. If we don't get rejected there ... Actually this is looking like a giant Flag with a minimal target of 15k!
Right now we have a doji candle at the top. If we close the 12h candle at current prices, it can be the local top and high chances of a pullback to the middle line of the cannel and then more upside.
We have incoming cross between 9 & 50 on the 12h. The last time when they crossed in a manner it was in February of this year. Now we are on the verge of getting it again (~ 36 hours away).
Also what should excite you the most is the fact that we developed Adam & Eve pattern: sharp and deep first bottom on high + gentle rounding formation (second bottom). The same pattern formed the low of 2018 bear market!
It would be funny if the same kind of bottom reverses the market before getting to the desired by the majority 8-8.5k area. Just like it did in December 2018 when the majority was waiting for 1k prices.
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