21EMA on 15D chart has been crucial in the past acting as a support on bull cycle and acting as a resistance. Now we are testing it as a support for the first time since last bull run from 3K.
If Bulls can't achieve using it as a support, and lose 8K, next strong support is on 144EMA that acted as a new perfect support on 3K. Is beautiful how would be the confluence with trendline and 0.786 fibo level, drawing a perfect symmetric triangle and would make sense the sideways movement since peak on 20K.
If Bulls can't achieve using it as a support, and lose 8K, next strong support is on 144EMA that acted as a new perfect support on 3K. Is beautiful how would be the confluence with trendline and 0.786 fibo level, drawing a perfect symmetric triangle and would make sense the sideways movement since peak on 20K.
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