^
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small battle just felt like posting.. I am extremely bullish in the mid term and actually wouldn't mind picking up some more cheaper
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Big Support. by cheaper i mean like 10K
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Everyone sees the 31% correction just like last bull run now everyone is really bullish... Decline yesterday DID shake out SOME greed. Maybe I would like to see a double top at 14K shake out the greed then off... just something different idk we'll see but stay tuned
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I wanted to note that I believe a graph I saw of the fear and greed index vs price did not have a largely significant correlation but you can bet the fear was high during Crypto Winter. At the same time some greed will always be present in a bull market. It's just another indicator to use along with other indicators.
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If you are a follower, you may be wondering where my altcoin posts have been lately. My take on altcoins right now: Many people are bearish on them... maybe it is time to be a contrarian and buy. I cannot predict alt season so personally, I am only holding 3 other coins - EOS LTC and ETH. I have not updated posts with them lately as my focus is on trading BTCUSD... I am still HODLING EOS LTC and ETH. Alts are not my favorite to trade because patterns often fail based on what BTCUSD is doing. But, with more risk comes more potential reward, so I am currently HODLING these 3 alts.
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As always, these updates are personal notes & entertainment
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Update: looks like some sideways action for now.
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If it confirms below neckline H&S will play out
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Using head to neckline it would only be a drop to about 10K so nothing to worry about for the longs
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If we hold 10.9 and get a strong bounce you know what's going down
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BTCUSD is so cheap haha just wait
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That's what I like to see boys(girls) !!
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Last post on here: See updated post. Possible double bottom!
