just look at RSI, dump coming soon
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Don't sell your bitcoin. This is a healthy correction. I will be adding more at the support levels. I wanted this correction as this is really healthy. Once breakout happens it will be a rocket.. Don't regret later.
Fake Break and Bull Traps, wait for Dump again 6200$ price for long target 8k tp 9k.
Last week price broke 7400$ but after 2 days sideways, if the break was real should go 8200$.
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From the 4000 USD/BTC zone, bitcoin rose to 7500, almost doubling its value.
This rally has a corrective structure though and I'm expecting a new dive and challenge of 4k zone.
The confirmation comes with a daily close under 7k psychological and confluence support.
A sell trade with a SL above 7500 has a great R:R of 1:5
for me, if it stays above the fat blue line we are peachy keen. dont ask me why, for i know nothing
above the less thick blue line keeps the "new ATH, the summer of 2019: bitcoin broke the internet" hope alive
If the past 2 Bear Cycles shed any light on the current scenario this seems to be the track Bitcoin takes. The fundamentals only get stronger and more HODLers coming on board especially Institutional players. Yesterday was your best entry point, today is your second best and tomorrow is your third. Think long term with this asset if you want to change your...
I'm on the 4 hrs chart of btc-usd I can see that on ichimoku cloude the conversion line is about to cross the base line which is a bullish sign but its below that 20 day Ema which indicates a weak bullish sign the btc price can raise but it may face resistance at the ichimoku cloude because its croses below that ema 20 day so we can trade btc usd...