There may be a 2x return possible on BTCUSD Long at current market price for target $70886
The colour of the candle is purple from the Super Algorithm Indicator, meaning it is telling me to be cautious but stay bullish. It is not telling me to go into leverage short. Also, the bullish sign has not closed.
Ichimoku is bullish on 2Day timeframe
Price is above Tenkan red line
Tenkan red line is above blue Kijun line
Kijun blue line is above green Kumo cloud that is also curving up with a bigger cloud showing up in the distance future
Chiku still has the good possibility to set free
There is almost the same amount of green volume as the red volume in the last two weeks or so . None of these volumes has crossed above the average (14 days) volume. I do not find enough conviction from bears to worry at this stage of the bull market.
My Rules Rule #1: Never lose invested capital. Rule #2: Market never dies Rule#3: I do not short in a bull market. I do not long in a bear market. Rule#4: A market is not bearish until a bearish sign appears from Super Algorithm Indicator. A market is not bullish until a bullish sign appears from Super Algorithm Indicator. Rule #5: Constantly follow the process and strategy that has worked while learning new techniques
My personal goals are $240,000 for BTCUSD, $75 for SOL, and $7603 for ETHUSD by Dec 2021.
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