Bullish divergence on the 4 hour chart. Mercury goes retrograde on Tuesday too, which often results in a pump. I don't know as this will reverse the overall downward trend, but I do expect a pump to the top of the downward channel at least.
The market is wrong, don't worry. I expected at least a small bounce at 30k but market is ruthless
OmidBK2003
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Thanks for sharing your idea, but many some essential breaks we have here. Everything is bearish!
cyberalchemy
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@OmidBK2003, I'm well aware everything is bearish...except the bullish divergence and Mercury retrograde...and the fact that relief rallies happen when bears are tired. Doesn't mean we aren't still in a bear market. Just means we're probably going up for a bit before resuming downward trend.
michaelvwl
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Hi man been a while, you get any update? Much appreciate