I decided to go with the 1 hour this time to watch for detail progress. Obviously the further we go down, more risk to the upside increases (we are in a bull run parabolic). Does the parabolic now end or continue? who knows, i think it's a bit early to go 30k+ this year, who knows what December may bring us.
Anyhow back to the chart. Bulls need the pink dotted line, this is still a temporary bear market for the adjustment, so I'm bear right now, looking for a "real good bull bounce" opportunity to start the next Bull run, which in time will always happen.
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