I dont know but thats what this chart suggests. Have to make across the upper trend line this week(3 daýs left at the time of writing) for bullish action confirmed.
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this is how the 1H looks. Kind of bad. But there is hope.
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This is the updated 1H. Price fell additionally. But the bottom trendline is still marginally going up. Which means hope is not dead yet.
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Ok so we beat the 1H "crisis" i am not looking at the 4H chart and am much more bullish now.
As you can see the Risk vs reward is almost 3x better for an upward move, so i am putting my money on that. On other words we are still right on track for the 20% increase over the next 3 weeks! :)
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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.