đš BTC MAY HAVE A PULLBACK TARGET â BUT DONâT CONFUSE IT WITH A CRASH đ
A classic setup is showing up:
đ 5 EMA crosses below the 21 EMA
đą Price historically tends to revisit the 55 EMA
And the historical numbers are interesting:
âł 62% of cases tested the 55 EMA within 5 days
âł 88% tested it within 20 days
So the message here isnât necessarily âcollapse incoming.â
Itâs more like: the market may need to cool off and retest support before deciding its next direction. đŻ
The big question now:
When does BTC make that 55 EMA test? đ
$BTC , $ETH
A classic setup is showing up:
đ 5 EMA crosses below the 21 EMA
đą Price historically tends to revisit the 55 EMA
And the historical numbers are interesting:
âł 62% of cases tested the 55 EMA within 5 days
âł 88% tested it within 20 days
So the message here isnât necessarily âcollapse incoming.â
Itâs more like: the market may need to cool off and retest support before deciding its next direction. đŻ
The big question now:
When does BTC make that 55 EMA test? đ
$BTC , $ETH