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good evening ~

been pretty much on the sidelines with crypto these last few days - made a few scalps here and there, but nothing more than that.

as the pattern continues to unravel, it looks a bit more clear as to what is happening here.

possibly working on a larger abc\wxy in this local region.

how it fits into the larger count is beyond me, but it's probably some kind of larger wave 4.
also possible it could be turning into a massive leading diagonal (which would be interesting as well).
time will tell as to what this move becomes.

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though, what i do have to say is, i think we find a local bottom around 36k, and make our way up to 42k in the week(s) ahead.
could take awhile, or maybe it moves fast; give it time, and let patience take the wheel.

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wave b target = 36
wave c target = 42

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Comment:

stoploss on this trade is at about 35.7k; shouldn't go down there if this is going to work out.

Comment:

i would hold off from buying anything crypto related for the time being.

today is decision day in the global markets, and i'd need to see something very specific happen before i decide to take any bullish positions in any market.

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getting close ladies and gentlemen