As with my previous post, I suspected incoming pumps with the potential of a bull trap. A few pumps have happened since then and I suspect a larger even short-lived pump is incoming. If these pumps don't break the $4000 levels, far past the 50 daily EMA, I believe we are heading to a break of the $3000 levels pretty soon after that failure. (Entertainment Only)
Note
The red stop should be at 3949.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.