if you look at this chart you can see a deformed cup and handle... what does this mean? it means i am cautiously optimistic of a further bull run. While a lot of folks out there are claiming similar downturns to FEB/MAR 2020, ichmoku's cloud, etc... i'm seeing something more positive & optimistic.. we need BTC to break 10018 for any near term confirmation but i'll take my 9499 Fib first... we know BTC wants to go to 60000, 10000 right? it bound to happen soon right? Well it has to start somewhere ;)
k.i.s.s.
~Lizama
k.i.s.s.
~Lizama
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also note the top blue line, BTC has been in an overall downtrend since the 19k high.. i have that intersecting with a purple recent uptrend, my yellow line which was broken yesterday was a sub down trend (you can see my micro chart on the left and my macro chart on the right.
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last note, watch out for Endogenous Risk, seems a lot of big dogs like to play in to that... don't believe the hype.
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being patient can feel brutal but the reward is sweet ;)
Trade closed: target reached:
Boom!
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i closed the trade at 9559... will re-up soon.
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re-upped at 9608, went long at 9485 as well... looking for confirmation around 9729.
