The second support zone (6750-6850) was broken. Now we are going to 6600, then 6000.
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As I mentione the support levels were : 1) 6900-7100 2) 6750-6850 3) 6000-6200 4) 5600-5800 5) 5250-5400
The second support level was so strong one. Always if it breaks down from a strong support zone, then that support zone becomes a resistance. So I predicted it would act like that. (The light red line was my prediction). As you see it bounced from 3rd support zone, then jumped to previous support zone(resistance)
The other hand look at the EMA20 (RED), you see how EMA20 push the price down? and look at the volume. Such pumps are fake.
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The 3rd support zone was broken
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The right should.
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Wait 5-7 days. :-)
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I'm so sorry for less activity on updates. Seems 6K was the lowest point of "51 days" pattern. So what's next? I think it can rise within 24-26 days to 7000-7200. If BTC can break up 7200 with the nice volume I will think bullish. Right now it is really neutral.
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