Why it's not a good idea to exit the crypto market right now !!!
As it can be seen in the chart, 2 MASSIVE support have been crossed, one is the area between 39k-42k and another one is weekly trend line.
On the other hand EMA21 has been always a huge support in a bull market and we are just in the middle of the week. In my idea it is expected to have a bounce from the point we are. Although if the current weekly candle close below the EMA21, it can be considered that the trend is also changed in macro scale and a bear market is expected.
On the other hand EMA21 has been always a huge support in a bull market and we are just in the middle of the week. In my idea it is expected to have a bounce from the point we are. Although if the current weekly candle close below the EMA21, it can be considered that the trend is also changed in macro scale and a bear market is expected.