Hi, my first idea. I drew a cyclical yellow lines that clearly show us that the outcome after get in the way is always the same. a small follow-up, that has always seemt bullish, and then, in all of the sudden a dip. Green resistances are a bit shy, but i believe we might touch somewhere between 39K-40K, but honestly i dont even believe it. The current ascending wedge is extended to its very peak just to imagine how ridiculous its would be to call this situation a bull market, if it break trendline (yellow). If you dont plan on selling at 39k then yea, go moon lol. To prove my point i hope you see here CCI Overbought/Oversold indicator, which says oversold. Orderbooks are expecting a selloff at a range 39-40k, i highly doubt buyers are going to keep it up with overwhelming amount of opened shorts in said range. MA agrees with me, what about you? Is there much i didn't considered?
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