Happy Thanksgiving Holiday to everyone out there. As predicted by multiple analysts worldwide, including many "can I buy a clue" self-proclaimed economists on Tradingview, BTC is pulling back after striking the double top. IT IS STILL IN A MONSTER BULL PATTERN WHILE THE TRADERS PULL PROFIT. For those of you who are holding BTC, exercise patience and wait for the pullback level which can occur here, or below 14,000. Be ready for more at those levels. The 17,000 mark is at the top of the channel where it made its last break. Today I am watching for a small bounce here, but not really betting everything on 17,000 taking off forever. I will be trading long off of 14,000 with confirmation of a bull pattern on the 4-hour chart. Just watch the levels and remember that most indicators are lagging indicators. Patience, along with price support levels and candlestick patterns are the true messages of the market.
Good to see your analysis on crypto! I agree, 14k is a support to look out for.
Happy holidays Hope
hope.bleecker
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@Cenotaph, so great to see you! Hope you are doing great. Trading a little dollar as we wrap up 2020 sells and having some fun with EV and a small equities account that I've started. Happy 2021. Are you having a good pandemic? How have things been going for you?
Cenotaph
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@HOPE.bleecker, my pandamic has been financially not great, otherwise I'm all in good health as is family and friends :) As for trading, I've largely given up on that except doing buy and holds now with crypto almost exclusively.
Happy holidays Hope