@thecryer, In your opinion what are the odds EMA 100 holds, and we resume to the next R?
thecryer
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@decabinomial, so nice question. on 4H EMA 100 is equivalent to ema50 on 1D chart. it's a medium support but we bounced many times on that one when BTC started to rebuild new high levels. more we go back in timeframes more we need to change our timeframes lenght in an longer one to find the last support zone. the last one for BTC is EMA300 (1W timeframe) it never broken down this one from begins (2011). it really possible to resume from EMA100 with the matter of time we have on this cycle ( January 2022 ), i we don't bounce soon it will mean the cycle is changing and increase time.
thecryer
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@thecryer, i don't know if you can get it but let me know if too difficult i will explain you with some graphs, feel free to DM me.
decabinomial
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@thecryer, Thank you. Can you post a logarithmic chart with EMA100- EMA200 - EMA 300 since 2011?
thecryer
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@decabinomial, i won't post them all because i would have to change all TFs and EMA50-100 are just some medium supports and it would take ages to do. but this is an exemple on BTC reactions with EMA300 / Weekly TF.
thecryer
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@decabinomial, Because of this EMA i detected bottom in 2018.