2026-01-11 14:23:40

$BKR just carved out a textbook morning star reversal setup right at the 50 EMA—and that wasn't random. It showed exactly what we look for when selling exhausts itself and smart money starts accumulating at dynamic support. The setup worked. Follow-through came through, pushing price higher as expected.

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

9 Likes

Reward
9
6
Repost
Share

Comment

0/400

JustHodlIt

· 01-11 14:53

This morning's reversal is no joke; there's definitely something at the 50 moving average level.

View OriginalReply0

ChainBrain

· 01-11 14:51

The morning star pattern at the 50EMA is indeed beautiful, but can such a reversal last?

View OriginalReply0

SmartMoneyWallet

· 01-11 14:44

The 50EMA level indeed has significance, but the problem is whether on-chain data can prove whether institutions are entering or retail investors are bottom-fishing. Morning star patterns are everywhere; the key is to look at the distribution of chips.

View OriginalReply0

rekt_but_not_broke