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EMA20 now is the bear's last chance to make another leg down. My guess is today would be an uptrend day, i.e. bears might be over already.
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Very nice bounce after the open. But 6730 seems to be a bit of a stopper at this time. Waiting to see if the dip buyers step in on Monday after looking at their accounts over the weekend.
Saw that Michael Saylor was doing the press release thing to assure his followers that he was still buying all the bit coin he could.
Chart for the road: a bullish piercing candle only if we close above 61.8%. for now bears are still in control. not so much from the start LOL...but, it is what it is.....
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Just as I expected bears were over, this bull shall have legs.
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The pullback probably will be bought if not already. Whether the "bought" makes new high or lower high is what we need watch. Normally I won't think about lower high but the pullback simply is too large for an uptrend day...
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