Allright so basically I see us dump again on August 22, 2021 at a price of 49 878$ ish. Bulls you have one more week to be bull. The first dump wil be 40-41k that’s where everybody buys the dip that keeps dipping. My buy area will be 34k-29k. The bottom is in that’s for sure.
I think we will dump through the 200d EMA and will bounce at 37983 (red line). Still think this is a fake out like the one before. We need this to push through 42K. I think we bounce at the EMA 8.
I expect us to go to 48.2K-48.3k in the coming days maybe weeks. The bottom is in and we confirmed the descending broading wedge. After 48.2k-48.3k we will go down a little and go up to 58.3k and afterwards my target will be 62K. Goodluck
I think we will smash 42K and won't let any bears in for pullbacks. Let's see if this plays out.
Bears will get rekt on this move. I don't know if we retest my orange line or not. But what I do know it will be the blue or purple path.
Hold my orange line and I will long until 34 200 ish. Fall through support (yellow line) and we see 31.5K first. Afterwards we might see 28.8K or lower. Will update asap.