Hi there, The correction we have seen in last couple of days has created lot of panic in the crypto market But this is creating an amazing opportunity for those who miss the big move from bottom. Currently we are having sharp correction. On lower time frame it is building for the reversal or bottom for next run. Follow me on lower time frame for perfect entry. Remember dont get in the market without price action. Good Luck.
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Thats how you need to look for buy. It is still bullish. It is creating an amazing opportunity for those who missed the move.
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No one can stop BTCUSD to hit the 25k
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We are having another leg down. Watch bottom for prices action before buy. Bears are still in control. Watch for double bottom.
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Watch bottom for price action for buy. Nice pattern is forming for next run. It is not crash just make sure that it is not crash it is forming another amazing opportunity for next run. If you understand the patterns then you know what i am talking about. Any way here is the update and watch it for buy.
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Those fellows who dont understand what they need to look for before buy here is the chart for example for price action. Watch price action like the previous one. Once price action start to appear the look for buy. Example is here.
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One more leg is possible on lower time frame.
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Watch bottom for buy.
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Price action is building at 13k area.
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Bottom building.
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25k is confirm. It is just matter of time. Any way watch it how you can get in the market if you are not in for longer term. Watch for strong breakup the bigger trend and buy or watch for the price to give you one more wave down and then buy at bottom. ideal place is to buy at bottom.
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Amazing stuff. So finally we got the breakout of the bigger bearish trend with nice strong candle. Now watch it for continuation. If we don’t see continuation and we see dip again but it on any dip. Buyers don’t want to let the BTCUSD fall from 11k area so clear buying interest is there at 11k 12k and 13k area I don’t think so pric gonna test the 12k or 11k area any time soon. In case if we see test of these areas then simply search buy there. Currently those fellows are not in what you need to do wait and watch for trencd continuation pattern before buy if we see that then buy if I will see that I will update the chart. I think I can’t make things easy more than this the way we have tracked this bigger bearish correction. If some of you fellows still not clear How to catch up things then follow me on BTCUSD and others chart as well. I hope many new fellows have learnt many things during this correction any way good luck fellows. 25k is very much on card. We will see this figure very soon. Just keep one thing in mind and that is there are almost 21 millions BTC and almost 17 millions have already been created.
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Thats what you need to look for those who are not in fellows. No need to worry.
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Bitcoin Segweet [B2X] is about to announce in couple of hrs. Volatility expected. But i dont think so it is going to put longer term effect on the price. I will update the chart after this event. So far we are still bullish. If there is dip buy it again. yobit.net/en/b2x/timer/
Hi Wavetrader, not to be critical of your analysis, but you should provide stop loss areas in case of an adverse move. It's one thing to say "bitcoin will go up after Lightning/Segwit 2x". But how can you be so confident? This is the most most important moment for bitcoin and is not the same as past forks. If you are going to have only one bias, you should still consider the downside and a strategy to protect from that. Your analysis was wrong during the correction as it cut about 15% to 20% deeper than what your charts showed, with breaches of some trendlines. Even if the probability to go up is 65%, that still means a 35% probability of going down. And right now, several good analysts think it may retrace to lower fib points, 11k, and 9k, so there is definitely those possibilities/probabilities assigned to those event occurrences. Bitcoin did breach some major trendlines recently, making upside that much harder, and you have to respect those breaches.