In the photo âŞď¸ below is a typical price movement, breaking out of the triangle downward. Taken from a technical analysis book.đ
I think we can expect something similar. đ§The $58,000 level has been looming for a while.đ¤
If we hold there, we might be able to bounce off it. It's a strong support level. If we quickly drop below it, then we might see $52,000.đĄ
âBeing in a long position right now is very risky.â People, who were planning to wait it out should reconsider their strategy. The market is still in a downtrend, as usual before a halving. However, the current downtrend might last a bit longer.đ¤ˇđ˝ââď¸
đBut: there are plenty of cool opportunities ahead, so don't despair!đŠˇ
Thanks for Your attention𫶠Always sincerely Yours, Katerynađđ
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Looks like we are ready to touch 58 000 so soonđ
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We've broke down 58 000 đĽ Moving lower to next target!
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The first target reached đĽ Looking for 52k. Is it real?đ§
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