Bubblecoin is probably heading for 19200 region after opening of levels. If price gets there it should meet significant resistance.
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Level calculations are based upon 5555.55 with 1440 degree square of nine interval separations.
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The 13130 level held well. Assume then price will target the 19160 with higher certainty. But first it must flirt with 17030
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19160 confirmed
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See how the bastard climbs slowly above the 17030 level. That means it trigger the next 1440 interval
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Shi*coin approaching the level. Suggest for longs to book profit now.
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Target 2 of 3 reached. Now, ideally we should head for 9700.
Trade closed manually:
Be careful in gambling on fall in this now, there is yet no sell signal. Rather, bitcoin has signalled it want higher with a 4hr close above 19160 the other day. Take care.
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Likelihood of 9700 has increased. But, the top is very likely not seen yet (unfortunately).
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The chart stopped updating. But as we can see on daily TF.. ALL consolidated part of candles took place below 19160:
Now... Retraces behave a bit different than impulses. Often in 420 degree separations multiples. I will make more detailed levels of supports.
Now... Retraces behave a bit different than impulses. Often in 420 degree separations multiples. I will make more detailed levels of supports.
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On shorter term, these two levels look interesting...
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14779 should provide some support
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Clear rejection on hourly at 17126. Say hello to 14779.
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Wow, going faster toward 9700 than i thought possible. Beautiful indeed
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Quite pointless to use more than a month for the range, but it is what it is. Targets reached.
Trade closed: target reached
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Bitcoin could be a buy from here actually.
I will not buy here however, as I have not made a through analysis of the coin and will not do so in a while as I am busy with different stuff. But signals were made above 19160 that it have potential for higher levels.
I will not buy here however, as I have not made a through analysis of the coin and will not do so in a while as I am busy with different stuff. But signals were made above 19160 that it have potential for higher levels.