The low is set. Potential bigger inverse H&S forming. If you can manage to get in around 7.5k-6.8k after testing 9k-10k you can catch a very nice swing. The targets I put are just levels of what's to come.
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A little bit shorter term for now:
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First target after hitting that green zone is 8.8k
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Missed my buyzone by 50 dollar. Had to chase. Took profit at 8300 and bought back just now. Looking very good so far guys. If we get above 8200 now I'd say we break this inv H&S and head towarts 8.8k
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6300* not 6200
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Stopped myself out with 1% profit cus I spotted weakness. I left home for 2 hours and NOW the market moves. Its not fair ;). I had orders layered from 8000-7850. all got filled. Should not get below the last low of 7815 or my TA failed.
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HS target reached
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Alternatively. It could very well reach my original buy zone. I did find it odd that it didnt hit it. So anything above 7500 is still very bullish imo.
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Still above 7500. Lets hope bulls can keep it up. Suddenly I can see bears appear everywhere calling for 5k and lower. Could be a good sign for btc. Also, a LOT of alt/btc pairs are showing very bullish signs.
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If you were patient you would have gotten the perfect fills on both eos and BTC here
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EOS idea:
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well I was wrong on the short term. Now I am calling a bottom on 7300-7200 range, but since I was wrong before we have to be carefull. We should atleast see some kind of relieve rally soon.
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short term I have 2 cases
Im leaning towarts the bottom at 7150-7250 since the rally so far has sucker volume.
oh boy was I wrong again. This market is dumping now for 7 days straight... That must be a record. This is btc's last hope. It will hit this target in ~2-3 days and it will have confluence with trendline. What bothers me is that we barely bounced on the way to this target...
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blablabla manipulation and shit. See you again around 5.5k-4k range
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.