Even though there is a big uptrend movement coming, there is a bear wave coming, before bulls take over.
What is happening now is a bull trap. It means that price is going up, but actually tricking people for a big fall.
Hold on.
For more information check the related charts below.
GOOD LUCK.
Trade active
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just hit strongest resistance at ma 500.
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who can see the wall?
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tried really hard to break the wall, but could not go through.
Trade active
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Hi followers, bulls are trying really hard to get the price up. But price still did not close over MA 100 on daily chart.
I recommend to wait until tomorrow, to see how it goes.
good luck. good profit.
Trade closed: target reached
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100 % Perfect.
Hi, followers, even though 99% of "traders" and top authors on Trading View were against my storm prediction, it did happened and started exactly on the red arrow down, as pointed out on the chart.
BTC is now under heavy storm.
Thanks for trusting and following.
Good Luck and Good Profit.
Any Questions?
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But if we did not have any bad news and did not know about the USA 3% treasury yield change rate, how did the MOVING WATER, spot the storm using only the chart ???
I´m also using ichimoku, and I saw that you noticed what the kumos says, a big storm is coming starting from todays new daily candle. However I´m expecting a 8.5k bounce, retest of the trendline and a heavy drop. What do you think about that?
MovingWater
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@babyjungle, hi, thank you for your comment.
I don't think it will be the best time to go long, even if there is a small bounce, I recommend using bigger waves. But it is up to you. Good Luck & Good Profit.
Coinamic
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@lemosedmirf, you are right. Most probably the bounce could start at 29-30th new daily candle with the .618 fibo. My charts are pointing a heavy rain during the weekend.
and1m
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Your target is impossible for me now. We need realy bad news for that.