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It's strange I can't see anywhere people discussing about at least 38.2 retrace(which is 11 000) of entire move down from 20k. As you know, it's rather common to have 50% n 61.8% retrace: 12600 n 14300.
RSI is already overbought, take a look what happened with BTC in April and June. Anticipating huge short squeeze.
Everyone is bullish now on BTC, but I see it toppy right now, bought Ethereum instead.
Take a look fellows, we have huge upside potential left !
ZEXC is going considerably higher, fasten your seatbealts !
FInally, if we manage to close at current level, we will move considerably higher
ETHUSD- broke weekly triangle, next target min. 680
This week I see further upside in BTC up to 8500 and then going down 30-40 pct. RSI in that case will print bearish divergence, confirming it. Main reason TD seq next week will print 9.
Symetrical triangle on break out will yield at least 560.