Hi, so last week the momentum of the crypto market changed.From bearish to bullish. Looking at fib levels we have just hit the 50% resistance zone. Am looking at a pullback to the 61.8% during the coming week before we can test my profit target at 38.2% which is approximately 3000. Thats about 36.65%. Cheers and have a lovely week.
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We are about a day to reach our 3000 target
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taken a bit of some profits at 3125
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Remember we might retest 2650 zone. if we are to have a healthy trend
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Gone better than i imagined but we have a crucial resistance at 3517.84. Derisking about 25% of my hold by taking profit at that zone. hoping for a correction to our initial target of 3000.
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We have had a nice bounce from our target. This a confirmation that we are in a healthy uptrend for the time being.our next resistance is at 3517.84. If you were here from the beginning thats about 45% in profit.
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If we hold 3000.Then all bearish sentiments are invalidated.But that can change in a day
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If we dont hold $3000 then its time to end this trade
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By holding this fib level. eth has established some bullish trend for the meantime
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Am buying every red candle i see. What about you?
