I dont believe in this rally I think it is fake or an artificial pre pump that was triggered by that 100M order... I believe we have to retrace, could be as low as 4600 but roughly 5k would suffice. One more break upwards to trap more bulls would be in style...
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Moved path a bit to the right, angled the triangle slightly. All in all as expected. I expect a small pump above the triangle for one more trap. With a clean close under the triangle we drop right away so stay vigilant. In any case BTC is a buy at the 5k area down to 4600. After that we should stay in accumulation range for a bit then we see how strong we are.
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Tick tock prob today ie next 18 hours something gonna give
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Perfect, great place for a short now, we could wick to around 9200 but it should be short lived. Time to trap some late bulls. This should put some momentum in to ALTS so either SHORT or preferably stay in cash and buy on the dip. If you like some of the ALTS I have posted you can go in to them. And just hold them. BTC pair to clear.
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Resilient but needs to correct
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Still thinking this should play out