- i made everything simple as i could in the graph :
- So Theking had a big a fight around 58,000$ trying to build a new support but Bears won the Battle, that said, the war not yet finished. - The Parabolic Arch (Grey Arch) i wrote on my last analysis is broken but BTC is still on his support trend ( in Blue ). - As you can see in graph we are forming a new clear descending Triangle (Yellow Line) - The Circle i named " Zone of interest " could be the next possible zone of a breakup.
- Right now have no reason to panic for this retracement. - imho this bullrun not yet over.
---------------------------------------------------------------------------------------- Trading Plan ----------------------------------------------------------------------------------------
Buy Zone : 55,000$ (50% Retrace ) Rebuy Zone : 50,000$ ( 61.8% Retrace + EMA200 ) Rebuy Zone : 45,000$ ( 78.6% Retrace + EMA300 Support )
I thought i got it cheap...now it even discount more hahaha omg
thecryer
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@myukstudio, that's the good way of thinking :P more u have patience to wait for dip and keep ur USD in your pocket to buy. more you will get great returns. :P
thecryer
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@myukstudio, keep eating more noodles and buy dips :P
baby_rhino
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@thecryer, Afraid I eat noodles forever if the king never return heheh ...buy dip..DCA dip lol