Buy bitcoin only at these points, always putting a stop loss. We are going through a long dark period.
It is not yet possible to determine exactly the places of sale, but at the beginning it is before the lines of resistance. But the idea is to follow the future development to be based on the new ascending lines that will arise.
Trade active
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Touch buy zone
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Trying to break the purple line. If break this line, it will be a bullish signal.
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Break purple line, first bullish signal.
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Purple line break fail, the prices back to fall totally.
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Walking to buy zone 2. As long as it does not break the purple line, we continue to hard fall.
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The bitcoin need break the strong support to walk to buy zone 2.
Also, the overall volume on almost every exchange is declining.
s47
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any updates! Do you think we'll skip the "buy zone #2" ?
I btw see you as one of the calmest ppl here! LOVING
you analysis :)
hit or miss, you are on top of things :)
MrClock
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@s47, wow, thank you.
At this momment, the line important is the strong support in 12.800~. If break it, the price will walk to buy zone #2, but if not; the price will up.
We have space for the buy zone 2, but just enter some big player and raise the price upwards at the beginning of the week that we will not have this fall anymore. So we have to build strategy thinking about the strong support line of the 12800.
@MrClock, Thanks, I posted detailed idea on my page, I will be grateful if you give your opinion.
Dorimanx
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Head and shoulders pattern, usually end with nice fall, so buy zone 2 is the real bottom. nice chart, no fakes that fill people with hopes for 30k, elliot wave C still half way down. and AI will not stop selling till we get there.
People think that predefined patterns can be changed by buying more and more, then find then see how nicely coin keep doing the abc correction after each fake rise.
If we catch the waves, it's great money, if fooled by fake rise and buy high price then go to walk with dog and btc is down by 8% again. or even worse :) not cool.
monitorr
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So do you mean we will drop to buy zone 1 some time soon and bounce?
MrClock
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@monitorr, The next move can not be known. We have 2 options: Break the purple line and follow up or break the resistance at 13745 and go down.
monitorr
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@MrClock, So it is really not safe to buy back in until we cross the purple line or drop below 13745 to short then?
Also, the overall volume on almost every exchange is declining.