Now that Bitcoin has held and pushed up a little from the re-accumulation we looked at in my previous thread, I am now considering this bullish option.
Its a very ugly and highly exotic move if it happens but it could be that the shakeout dumps we saw as bearish were actually a 3 wave running flat correction into the next wave up.
And the ascending channel that we saw to be bearish will curl up somewhat similar to what we saw in 2019 before big pumps.
I am slightly favouring this now but until BTC moves away from this Demand Line it will remain unclear.
The TOTAL charts are looking bullish and so if this does move on up then we may see some more altcoin pumps.
I sold everything in EPIK today and can now funnel profit into coins in suitable accumulative positions, searching through hundreds to pick out the best ones in a rinse and repeat cycle.
Even if Bitcoin does re-test 31K as I covered in the previous post, the altcoin market is starting to look very strong and it will only offer more discount on great coins set to pump.
Not advice.
Its a very ugly and highly exotic move if it happens but it could be that the shakeout dumps we saw as bearish were actually a 3 wave running flat correction into the next wave up.
And the ascending channel that we saw to be bearish will curl up somewhat similar to what we saw in 2019 before big pumps.
I am slightly favouring this now but until BTC moves away from this Demand Line it will remain unclear.
The TOTAL charts are looking bullish and so if this does move on up then we may see some more altcoin pumps.
I sold everything in EPIK today and can now funnel profit into coins in suitable accumulative positions, searching through hundreds to pick out the best ones in a rinse and repeat cycle.
Even if Bitcoin does re-test 31K as I covered in the previous post, the altcoin market is starting to look very strong and it will only offer more discount on great coins set to pump.
Not advice.
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Priority trades, round the clock updates and a 1 hour technical video per week 😼.
Get the "heads up" at critical moments - don't lose your shirt.
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