Bitcoin / US Dollar Perpetual Inverse Swap ContractBitMEX
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Dear readers, After last weeks huge dip and follow up manipulated wicks, I see something huge to come by end of the month. I am speculating that by first week of April we may hit 7400 or more. I will eventually update this chart if I find any move that act against to this idea.
We had retrace upto 5740s and from there it bounced back. So I assume it could play here and there for a while but could bounce more any time due to the strong support it got now.
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We hit 6300s which is a good news :
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We hit 67500 and daily looking decently Strong.
Trade closed: target reached
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We hit 7133 and hence closing this chart marking the target complete. I will soon come with new post and may not further update this. Thank you.
@andresigodt, You can feel free to argue if you would like to oppose or got different view, I appreciate it Thank you
andresigodt
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@TradingBudha, I guess we wil restest the 200MA resistance and maybe even retrace to 4000. You can only speak of a bullish momentum when we break above the 200MA
UnknownUnicorn6209745
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@andresigodt, Possible too that's why I set stop loss only less than 4800 but there is a good news on 4hours :
5.1-5.2 became huge support which can result in good pump
@andresigodt, absolutely you can see weekly candle is so week and can turn green by the time week ends in my guess. Anyway I am curious to see how it plays
andresigodt
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@TradingBudha, We need to close above the line though
UnknownUnicorn6209745
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@andresigodt, Weekly closing on any price above 5600 makes weekly look good and need to fight the resistance near 7600s
UnknownUnicorn27491997
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After all these beautiful posts I deleted my account and back here again today
Protixder
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on way to 6K area!
Check my chart at my channel about: exchange hotbit whale effect that are active now.
# i do 100% crypto markets.