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#BTC [update 03/08]: discovering a flat zone#REVIEW BITCOIN $BTC is discovering a flat zone between $10925 and $11215. Probably it can take another day or two to rest and accumulate inside this zone, however, the priority is still upward. This huge dump from $12k is nothing but a correction that we needed from $11300 point. Together with the gap upwards, the break of $11215 can lead the price back up to $11500 and $12k. Best plan is to wait for this breakout and a retest to open a long position!
by Crypto2AF
#BTC DOMINANCE Breakout within 7 days. DON'T MISS!!Hello guys welcome to this new update. Thanks a lot fir all your love and support so far. BTC has been doing great and followed almost all my predictions since it hit the brutal fall to 3500 in March. I have received much love and support on twitter tradingview and my telegram channel. Thanks a lot guys. Now let's get back to the chart. The chart seems very simple. A BULL PENNANT IS IN FORMATION. Research says almost 70% pennants break to the upside. Dominance is getting rejected from the upper trendline resistance multiple times. It is trying very hard to break that level. We know very well when a level is tested multiple times it gets weaker and weaker. 68 level is being tested since many days. A breakout is coming within the next 7 days. So what could be my strategy? ALTCOIN STRATEGY: I've been buying and selling some of the alts with strong fundamentals like OMG DGB CTSI STX MATIC and selling them. Not holding fro long. So better to book profits than to just hold them. I WILL EXIT MY ALTS IF DOMINANCE BREAKS AND CLOSES ABOVE 68.75 LEVEL IN DAILY. (Not a Financial Advise) But If It break to the downside I will ADD MORE ALTCOINS IN MY BAGS and I will share the charts here and in my telegram channel. So Follow me for such updates. Thanks for reading. Stay safe
CRYPTOCAP:BTC.D
by Cryptorphic
53
#BTC/USD Ready for $12k?Hello everyone. Thanks for coming by to my new Update on BTC. #BTC seems to be going a bit sideways for the next few days. The long term lower trendline support turned resistance is now broken and could easily work as a support. Other Important Support Levels: $8700, $8300 and 7982 which also happens to be the 200D MA. I think if we can break above the Orange Triangle we BTC will officially enter into a new BULL RUN. IMPORTANT RESISTANCE LEVELS: $9300, $10400 and $11800. If BTC manages to break above these levels we can easily see BTC reaching the $12000 mark after that we can witness a huge retracement. All that we need is BTC to hold the lower orange line as a Support. Break below this could lead btc to low 6ks and even 5ks. Unlikely but possible! Stay tuned I'll update other ideas with shorter TF for you to understand. #Please hit the LIKE button If you like my charts and follow me for such updates. Thanks again. #PEACE
COINBASE:BTCUSDLong
by Cryptorphic
6
RVN/BTC Long term AccumulationSince the last 6 weeks RVN has been trading sideways holding strongly the 200 Support region/. I expect RVN to make some moves soon. 6th May is its FORK which is poised to come out with positive outcome in miner's earning. To understand the deal you can read this : :https://minermore.com/docs/help/ravencoin_fork/ Technically the breakout above the triangle would take us to 275 sats easily. Why i am very bullish on RVN finally is that it broke above the 200D MA. The only problem is the red cluster of resistance.Very hIgh resistance to break at once. I don't think it will break at once but even if we reach that point we can make 15%+ profits without leverage. Stay tuned. #Peace
Long
by Cryptorphic
2