Another quick idea. This is a quick, very-short-term play. It appears that each impulse wave manages about 2x extension, which means corrective waves may be ahead.
Weekly EMA will probably provide enough support for the next round of craze.
Weekly EMA will probably provide enough support for the next round of craze.
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Doesn't really want to correct, does it?
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Now it's finally correcting. My guess is that somewhere around 0.00004 would be a target. But better to wait for the confirmation of a reversal pattern / signal.
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It possibly has dropped enough, but still hasn't reversed yet. May stay here for a while. I think the market is in indecision.
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New pump may have started
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That's unfortunate. Right after I got in bitcoin started pumping...
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update
