Sunday, August 13, 2023 7:45:30 AM
So far it is creating support on the way up, consolidating and continuing its bullish trend. Far too often those massive spikes ruin the bullish trend and allow MMs to take full control.
Right now MMs are on their backs and will have no choice but to play along with retail which will allow for an elongated bullish trend.
The more sustained and elongated the run the more stable it will be and the more strong support levels formed. At that point you can look for a massive run say after it moved slowly to .10
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