Bearish divergence was strong previously, it helped me understand that bulls were running out of power. We have now hit 28 i believe in the fear/greed index. Lowest in a year. This is great news, we have now put BTC in strong hands who will hold. BTC below 50 IS A STEAL. I will DCA into my position with next supports at 46,42,38. I do however believe the Bullish divergence is enough for us to bounce strong now. I have a few other Confirmations however i didnt want to flood my graph and tried to keep is super simple.
THIS IS NOT TRADING ADVICE MERILY AN IDEA
THIS IS NOT TRADING ADVICE MERILY AN IDEA
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