This would be a way too elegant fractal. let's see
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Not bad so far. Shifted the downswing date a little earlier due
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Pretty spot on so far. Let's see if we bounce up a little bit now $BTC
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Nicely working through the candles. Curious to see if we start going down this month
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Hmmm...
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BTC idea inspired by Tone
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OK, let's see next week
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Some annotations added. Based on previous market cycle of 2014-2015, RSI should breakout above 50 on weekly in the second half of 2019. Interestingly this is the end part of the lower descending triangle (could trap a lot of bears there)
NVT says we're crossing in undervalued territory right now.
Still looking for this weekly close levels
NVT says we're crossing in undervalued territory right now.
Still looking for this weekly close levels
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$3000 target almost reached.
On Kraken and Bitstamp the long term trendline is broken, but Bitfinex still holding on and what a nice setup we have here going into 2019 :):
Ascending bullish triangle if $3200 holds with break of $6000 in the 2nd half.
On Kraken and Bitstamp the long term trendline is broken, but Bitfinex still holding on and what a nice setup we have here going into 2019 :):
Ascending bullish triangle if $3200 holds with break of $6000 in the 2nd half.
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NVT just touched ATL from 2015 and bounced
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Weekly RSI didn't touch the ATL yet
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As initially discussed in Aug, $3k-$4.5k range still looking a good long term buy opportunity.
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Getting closer to the bottom of the range at $2850 - $2950, where the monthly 50MA resides.
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Weekly price is on the 200MA, WEekly RSI is 29, ATL was 27 in 2015.
A very very good spot buy opp imo is the box
A very very good spot buy opp imo is the box
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This worked pretty nicely
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Looking at 1W we have a 50/100 MA crossover lurking in the next 2 months, and void area to be filled into that cross with price at $5k range. that will be the short term short opportunity imo. At the same time I am looking at the potential ascending triangle forming here. People will probably want subt $3k at the bottom of the range after teh $5k rejection in the end Q1 of 2019.
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200MA still providing excellent support. Looking at a possible scenario like below, with a potential bullish breakout End Of Q2
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NVT consolidating like in 2015:
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