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So Elon Musk decides he can't wait to let BTC run it's "natural" course and feels he should abuse his influence to pocket some good money. I'm not trading on BTC, but there are plenty people who are and who rely on actually being able to trade on 'reasonable' trends. This is in poor taste. I never had an opinion about Elon Musk, but I do now; he's a selfish man-child.

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BTC has been doing well, but has been lingering in oversold for a while now. A retrace is common. Last 'correction' was quite horizontal, so I am expecting a bit more of an aggressive selloff.

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Just some thoughts. So many ways to look at this. I am mostly bullish though; currently it looks like a flag formation, and looking at RSI and MACD it is absorbing a fair amount of sell pressure without breaking down. This type of divergence is bullish, sort of like a prep for the next leg up. The target for this would be around the $14k. Another idea is the head...

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I read stuff the last few days about BTC dropping and blah blah blah, but so far it has been moving quite safely within the triangle. If anything, it has been testing the upper resistance the last week, which is a good thing. I can't say I see a lot of selling pressure, but I am hardly a trader anyway ;) Just posting this to see what will happen the coming weeks!

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Just a graph I found among my numerous BTC projections. I think I made it somewhere last year, and so far behavior seems to sort of "fit". I don't think that highlighted januari 21 zone is actually going to some big decisive moment for BTC (at least not at projected value), but I like seeing how these ideas pan out months later when hitting that little play button...

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Just posting this idea as something to check on later to see how it pans out. BTC has been in a down trend for a while now, and recently it attempted a breakout, but got pulled in this week with great volume. The market seems depressed. There are a few zones that might provide support (orange boxes), but untill BTC breaks out of the down trend properly, things...

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I'm not very trusting of the markets at all currently, and I feel few people are. Nevertheless, ETH is showing bullish divergence (red arrows), and currently in a falling wedge that converges at the rising trend-line that used to carry ETH before the late 2017 madness. Additionally, this might be a double bottom formation. This could prove to be a the solid ground...

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Last idea on xrp was too optimistic, but I believe we do have an up channel forming (orange lines)

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Several coins are doing this right now (just posted the some on xrp). Upward channels might be forming. I see a lot of people being impatient about the recovery of coins, getting anxious over this weeks pullback, but let's not forget the rise in value we have seen since last October. It would only be healthy to have a bit of a consolidation period now before...

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Just an idea on channel formation and a possible triangle pattern for xrp. Upward movement in short term could lead xrp to 1.10 and then 1.22

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The main downtrend line seems to be broken! It's a fresh break, so there is chance of it falling back. Bitcoin seems to have bottomed out at the bottom of a rising channel (orange) which might serve as the basis for a new-to-form trading channel. The red lines also indicate a possible trading channel. But of course it is hard to say what channels appear how and...

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It's difficult to be optimistic after such a wild ride down; this was insane! But there are indications that we'll see some recovery coming up. Many coins are showing bullish divergence between the last two dips (2nd and 6th of Feb) and trade volumes were huge on both. So that could mean that we've reached the demand zone. Bullish divergence indicates sellers...

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So, I'm holding xrp. I say this with pain in my heart :D Long story short (my gf is fetching me): bullish divergence showing in the RSI and MACD and DMI selling strength is dropping. Right now xrp is in this cute little channel upwards seeking the top of the downward channel it is in. This channel has falling wedge attributes which usually means and upward move is...

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Litecoin retraced 78.6% from height, and touched an early uptrend line. For all of us holders out of there, let's hope this means we'll see a turnaround. Litecoin is still trading within a downward channel though, there is still some resistance to pass. We should see in the upcoming day whether LTC will break out or not. Most resistance should be in the 186-190...

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There is possibility that xrp is escaping it's downtrend. For the last day or two it was caught in a falling wedge, the upside of which being that a breakout is typically upwards. And that just happened, supported by bullish divergence. There is however still a larger downward channel in which xrp is trading, and it has to escape that to be able to start somewhat...

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What we saw this week felt a lot like what we saw back in June-July. That was a massive correction that wrapped up an entire market cycle. I think that is what we saw this time; since July we've had a full 5-wave up with a 3-wave down. Fifth wave up was an extended one (extremely so), which pretty much every coin enjoyed. As with July, the correction played out to...

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Ripple broke out downward from it's upward channel. It bounced back and touched this channel as a final ´test´but couldn´t get back in. This looks like the formation of a right shoulder after already forming a left shoulder and head. This is a reversal pattern. Additionally divergence is showing between price movement and volumes; a lot of volume backed the climb...

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So, that is what it looks like when we don't see corrections in a while... Bitcoin had just been climbing and climbing since 4000 euro or so, with only small pullbacks. Never did we see a proper 61.8% retrace, but today it hit it perfectly! Other coins went for a whopping 78.6% retrace (ETH, LTC, XMR, BCH). But at least the worst should be behind us now. First...