Bitcoin
Updated

Bulls told me to buy.. I said no

3 170
I will buy only if bulls somehow manage to break the 10k wall of Gondor. If they wont do it soon my plan is on the chart
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Here is something I expect short term

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I think we are almost at the bottom for today. We will correct this last sharp wave down. Just a one more little wave down before that snapshot
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Little wave was really little. Bounce time

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Fractal doing great so far

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still in fractal

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We have bull div on 4hr timeframe which was not present on the fractal I was following. That means the fractal here might be compromised but I want to see bulls breaking through 4hr red cloud first as a confirmation of not following the fractal
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Wedge breakout looks legit fellas. I think bounce to around 9000-9300 somewhere for now

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Some fractal I spotted just for fun

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We were rejected by the 4hr cloud. Also my main fractal seems still working

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Maybe this is trying to build inverted Head and Shoulders patern

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Some bounce should happen from 7600 or 7800
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fractal suggest at least a dead cat bounce here

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What I think right now, wr are building a bear pennant

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to drop here

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My doom triangle is filling but

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This sharp move up today might be a sign that we wont drop here and might try to retest broken support at 7800-8000 first to see if its resistance now. In such case, that would make just a bigger bear flag

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Looks weak

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Red is most likely now. Don't see us breaking through this cloud here

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Last wave have just started. It should be over around this green circle. My best guess for now is 6900 as it is intersection of many lines and indicators. Good luck catching it then for a nice bounce to around 7800
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Last wave have just started. It should be over around this green circle. My best guess for now is 6900 as it is intersection of many lines and indicators. Good luck catching it then for a nice bounce to around

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Damn sry I cant edit my earlier posts. Here is the circle mentioned

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I think lower but just found this fractal so be careful shorting here

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Looks like my circle is too tasty not to go there..

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Possible bitcoin reversal

Bulls showed up earlier and drop missed my green circle target only about $100.

Daily candle looks promising. It will probably close as engulfing patern which confirms reversal. We can see some little pullback soon to refuel the rocket and continue up to 7800-8000. In case we drop lower than 7300 we can still see test of 6900

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We have to get through this fat cloud or else price will correct down again looking for another support test snapshot
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Good buy signals are showing up. We can rally to 7800-8200, 8500 is max I think for now
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Raping the 4h cloud right now. This is what I think short term
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Short term idea for You guys. Here is just a guess but I believe this might be Cup & Handle in da makin. If that is right we could reach 8200-8400 from this pattern. Its not confirmed yet so be careful because I don't take responsibility for your trade decisions. Good luck

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monthly chart

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it's happening

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Next month is bull to ~7000-7500
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boring sideways flagging before further drop

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Bulls succesfully changed the route of fractal (for now) but still need to defeat the green downtrend line (green) to escape from the path of doom
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The line still act as resistance (green) + we have "9" on TD daily. Also 0.618 retracement of previous big downtrend wave. If break above it has room to 10k I think. Breaking 10k would be sign to continue the big bull run. Until that happens I will be still bearish until price reach that red uptrend line but for now lets see if bulls can break this

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first bulls proposal rejected by the doom line

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Update to my followers and this idea. Price changed course of fractal and I rethinked the idea. Here is my update to it which is now more likely the previous one

the idea comes from the fractal I found but it also points to lower levels later which creates a parallel channel on long term waves. Not sure about it (very low) but it looks like something to have in mind
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short-term look
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short-term look
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