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Comment:
to add weight to this theory we need a red weekly and a red monthly
Comment:
NOT TRADING ADVICE
Comment:
Second part of theory is that alts are lagging do Q3 2019 is alt season in this model
Comment:
Comment:
Comment:
would need
1.weekly close around 10.7
2. monthly close around 8.3
to add weight to the theory that bitcoin is adhering to typical bubble cycle
1.weekly close around 10.7
2. monthly close around 8.3
to add weight to the theory that bitcoin is adhering to typical bubble cycle
Comment:
Comment:
ETH
Comment:
on the weekly we got a green candle after the spinning top, there was a precedent set circa august 2017, the weekly dip might come later in the month
Comment:
if this a green month we need to rethink the hypothesis, target at present EOM is 8k; but this is a high risk zone for shorts and longs
Comment:
things seem to be playing out if so next week should be pretty good for alts
Comment:
eom target 8.7k
Comment:
Comment:
btc has prolly dropped to hard for most alts
Comment:
some alts look ok but i think we can forget a pan market alt season, currently looking at xvg,zrx,etc,lsk and a few others also checkout @Amjadsid
Comment:
8.7k target eom
Comment:
Comment:
monthly didn't close as low as we wanted but little has changed
Comment:
Comment:
all going to plan just a bit slower than expected
Comment:
Monthly and weekly looking awful as expected
Comment:
well we nailed it just took a little longer, it's going real low
Trade closed: target reached
Comment:
Well look where she bounces. We'll see what's what after 11k and alt season. K Noobs.