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Dip

BTC Hitting Crucial SupportBTC Flash crash really took everyone by surprise here. We are now approaching a strong support zone and daily 200MA, I would like to see a bounce here. Although we wicked down as far as 42k, buyers quickly pushed the price back above this support closing the daily candle yesterday at 49K. There is potential for us to find a new support trendline just below the 200MA If we lose these levels and potentially put in a lower low on the daily I will have to reassess my bullish idea for BTC . Long term I am still bullish , Short term we need more data.
by UnknownUnicorn15302902
DOCU (1W) Midterm free fall incoming ? Pure speculation ;) Hi Traders, Premarket 23% drop looks quite interesting. If something like this will occur, we can create a HUGE gap which should be filled in the futue. Take this chart with a big amount of salt. Its pure speculation for mid-term downtrend because Impulsive wave of the price action is not 100% clear. What is clear, you can see a Bearish divergence of RSI and MACD what is not good sign. Take care, trade safe and mary f@kin christmas ;)
NASDAQ:DOCUShort
by Longevity_Contrarian
3
Have we reached the bottom yet???A brief analysis of $BTC YTD. Using a key support/trend line, we can conclude, it is possible we have not reached the bottom yet. We could see prices of $49-51K over the weekend. This is a very strong shakeout and whales are in accumulation mode. The bears are getting to comfortable, the leveraged traders are getting liquidated, and INVESTORS are buying the dip! These shorts are about to get squeezed and I expect $BTC to rally to $100K very soon.
FTX:BTCUSD
by TheJonesPortfolio-100T
Bitcoin, No need to be afraid!As we have seen in previous examples, everytime we had these green & yellow mountains on mr momentum, price has moved up, exactly the same with pink & red mountains. Having said this, Im expecting a retest of the 63.5k area. Buy the dip ! Notice how we are also developing bullish divergences on some indicators (rsi,macd) in lower tfs too. Invalidation: Making a lower low(below 57.5k), that would be a pretty bearish signal. and I would start looking for shorts a pullback. Remember, always trade at your own risk!
Long
by mboldrini2002