Looking at overall patterns with which we are presented with I can say that it does look good. We just had bullish 100, 150, 200 MA crossover - compare that to November death cross we had which was followed by massive short opportunity.
Should you LONG or WAIT?
My members and myself are LONG on BTC since last leg up but we do have adequate stop losses set up all over our trades just in case of bear attack.
Timeframe?
At latest we should have breakout by mid January if patterns were to validate themselves. Enjoy this trade guy!
Enjoy this trade advice my Crypto Maniacs, but remember to invest only what you can afford to lose or you're going right back to poverty on drop. We are not your financial advisors.
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Resistance just got rejected
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We are looking at some major accumulation right now - which way will it go? Pattern is bullish, volume and sentiment is bearish