Now that most people realise it is a correction and looks like there is support
let the Party begin again !
forget about gaps just because it filled sometimes does not mean traders care about it, any coins not on wallets/spot are not real.
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Note I have not professional trader, do your OWN research !
- 11400 multi year resistance
- BTC is printing "knife" drop one after the other, confirming temporarily rejection to move higher
- SPX struggle at resistance
- BTC correction not complete, see related idea
- The previous run from 9000 to 11000 generated too much FOMO, remember to 1 rule "buy...
That sound like a corrective Eliot Eave to me, that sounds bulish, please correct me if I am wrong
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11200 have been tough resistence to break
but btc still printing higher lows, lets see if 10800 holds
Anyways the post halving season is now open since 10500 was broken
so simply buy the dips
by the way fell free to send me private...
This is chart for my strategy, it works well when there is movement but not went going in tight range, however has close stop loss and stays invested so then as bitcoin moves it usually gets profits.
I wanted to find a strategy that I can keep running and don't loose money and doing a lot of trades, so I optimised it for 1 minute,
It is for generating profit to...
Cant deny higher lows keep printing on chart and recent drop was bear trap
Halving FOMO plays on peoples minds
The price tested 3 times the support at 9800 and fires back up
not high volumes though
take some profit of about 50% then adjust SL for break even and keep it running
BTC these last few days were able to climb above a major weekly resistence and become support,
but now in danger to flip that support to resistence,
that is the top blue line currently around 9000
expect bulls to continue to pump BTC if this level rejected
or a quick drop to around 8000 if it flips down the blue line