The last hope

Hope dies last!

The facts:
- 200 day MA reacted as massive resistance
- we are below the 21 week ema
- we are not far away from the last "higher low", which would break the uptrend on daily chart on retest or break
- iám getting nervous

Ignore the last one, but overall this isn´t looking good at all.
Iám a hodler (for transparency) so i will not sell, but i would also not buy at this moment.

If the dollar starts to show weakness, this could be the trigger.
But since mid of last year, the dollar index is on bullrun.
DXY meeting resistance at this very moment, which is good.

Maybe the green support line will help us here...

But to be honest, iám only starting to get really bullish, if we will make it above the 21 week ema & the daily 200 ma.

As you see, we have a long way in front of us!

I wish you all the best and be careful!

Kommentar:

And if nothing will work and we drop?

You can look in my chart and scroll down, you will find 2 major support levels.
Around 18k & 14k

Kommentar:

Not looking good.
But on the other side - grab some sideline cash and make it ready!

Maybe in the next weeks, we will get a nice juicy flash crash to my levels mentioned in the chart.

Kommentar:

Bearflag break out (downside).
New target active!

Around 18k & 14k could be good prices for the long run:

Kommentar:

Downside target 1 reached.

Update: