Not financial advice. Here's an update of BTC chart i did in early February. I'll post both charts and heres the updated chart. Of how that pattern is working out. I still feel the same as i did then. Also have the chart where it went to 43k Keep in mind. I made this trendline in Oct. Of 2020 and havent changed it a bit The "FU" is the same pattern of 2017-2018 gave us a FU then as it did Up to highs then 50% retrace before the uptrend continues again.
Support the legalizedhustler #hustlabynature #financialnostradamus Soon to be cccllc
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If it rejects trendline entry at 62500 range then pullback to 30-32k. 50% of whatever rejection is. We have already had double top. At 62k A 3rd rejection is usually violent
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Im literally repeating same thing I said 7 weeks ago. My idea to go to 100k got rejected when 54k didnt hold this last week as daily close. You can also refer my sleepy Joe BTC chart which says to 66k as well.
Trade closed: target reached
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As you all know. I'm expecting a 40-50% pullback from here. 35500-43k range If your unfamiliar or not comfortable trading in this market. Send me a PM I have a long term strategy mapped out
Trade active
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Target reached.. What ya know? Bitcoin rekt everyone except the ones that was expecting it
have you looked at EBANG: EBON again since a couple of weeks ago? It appears you were correct then (for the most part.. it's gone a little deeper)
brupaq
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@Legalizedhustler
Great, thanks. BTC was at that level, and even tho up slightly, I take it you believe it'll consolidate there for a while.. then up, prior to a drop. It's a friggin yo yo! ;)
thedarklord369
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except btc already broke the trendline which could mean a further decline
ThinkLikeaWhaleTLAW
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@thedarklord369, Yes 48k is super key to hold.
I dont like these fast gains up. Not out of the woods yet.
I alluded to where we will probaly retest the 50k 2mro.
But 48k is number im watching. Below that we get a retest of 43k.
Good observation. Happy trading
mrsceleste
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Thank you for sharing. Good job. I laughed out loud at BTC saying FU. Hilarious
ThinkLikeaWhaleTLAW
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@mrsceleste,
Glad I gave u some giggles.
Love the name by the way.
My daughter's best friend named Celeste
Beautiful name
Happy trading
ThinkLikeaWhaleTLAW
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@ArtfulDodger1974,
I guess I can say that already lol. When I posted where I said I warned you over and over. My original post 7 weeks ago hasn't changed. Not one bit. Sell at 60k buy at 45k. And I'll say sell at 72k rebuy at 40k.
All I can hope is the ones that does see it spreads the word someway. But your right
People are fixated on 300k-700k but has no clue what it entails to truly get there and all the corrections along the way. They don't realize if its down 50% it's still up 65% from its previous all time high of 20k and is still in uptrend.
Ive lived it. And learned it hard way myself and will still learn hard lessons. I'm just getting better at minimizing them.
Thank you for your words
Ps it don't make me feel better being right.
Reality is coming back to 48k was actually better for market cuz then 72k would of been a giving.
Staying above 50k only allows for a 66k target.
The things people really dont understand
have you looked at EBANG: EBON again since a couple of weeks ago? It appears you were correct then (for the most part.. it's gone a little deeper)