Doing this on the app so it’ll be short. Still lots of calls for ‘the real dump’ to hit. Like I’ve written before, a 40% off sale isn’t likely in a bull market that just had one. I’m okay with being wrong about that...hence setting a stop loss. The indicators point up and even though I’m not a big fan of chart patterns, idk how much more of a bull pennant a person needs to see.
A break above the last high will be a long signal. Might be able to catch it early on a 4h chart. Break below the first red candle after the upswing might turn into a retest of the $9500 low. Set your stops and place your stink bids. Good luck.
HUm... it's mitigated
Strong hidden bear divergence on daily chart, which is still valid unless we break 12800
I would say a last pump is possible, and this pennant is a bullish form ...
I'm personally waiting for the weekly close
HRoark64
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@Maped, agree...not sure what the timeframe will be, just not much support for a massive selloff the way I see it. IMO, ranging in the 10.5k plus or minus 1K would be the best case scenario for a Q4 halving run up.
Strong hidden bear divergence on daily chart, which is still valid unless we break 12800
I would say a last pump is possible, and this pennant is a bullish form ...
I'm personally waiting for the weekly close