Bitcoin at the most important support level ~42,000It is no secret anymore, Bitcoin has arrived at the largest and crucial support level of February, ~42,000
It has already bounced off several times from here, and the optimistic will hope it will bounce off again for a hit at that crucial resistance at ~45,000
Yet, we need to understand that the range we're looking at is starting at ~30,000 and that means that there is a price level there where perhaps bears want to touch before they will allow bulls to kick it hard.
Ultimately, this is a traditional game of Tug of War, and the long term winners will as always be the bulls. Temporarily however, the bears will run the show.
Tugofwar
Time to Get Some of That Lazy USDT Ranging XMR One thing we know is that that history has shown that the with Axis axis of a APVMMLBRX (Inverse Ferrari Horse) (about USDT 270 ´ish in this case..) is extremely magnetic ! Making it ideal to range..
Be sure to range as far as your purse permits.. Obviously back to 70 would be perfect and up to 1k would be perfect.. Take profit when price ascends through your defined levels and buy in when it descends through them.. Difficult to manual trade this way unless you are extremely active and dedicate yourself to just a few coins at a time..
Ranging is best done with a high quality specifically designed robot and run on a high quality and powerful server.
Best of luck Heartbeaters !! Hopefully we see rough waters around this axis with some lovely long candles that change direction frequently ! Don´t give in to shakey hands if the price leaves your range because your purse can´t spread thin enough.. give her a few days to find her way back into your arms..
Search APVMMLBRX and hit play for examples of the attractive power these axes have.
BTC Ensuing Tug of War Bullish Components "Symmetrical Triangle"We are starting to see "Perfect" vibrations within the Symmetrical Triangle formed on BTC.. This 13800 approx axis will be one for the history books and for us Heartbeaters we will range BTC Bullish and Bearish from her..
Best of luck and note that these are generally bullish or at least you´ll see a solid throwback allowing you to recoup if you don´t get shaky hands (you might just have to wait is all poor soul)
We only recommend DCAing now because we are currently averageing peeps in general until we work out how the Heartbeats system of pattern recognition can help us margin trade to perfection..
Merry Christmas !!
PS see the link for a lame vid on the first PVH being discovered !
BTC Tug of War Produces Incredibly Formed PVHI´m taking some poetic license calling her a PVH but the volume does look incredibly flat in comparison to spike of late and it could be the ominous H but then I could argue her form is jagged.. and she has a beautiful nested BFW PVMM right on her heart.. The flatlining tug of war trapped in a symmetric triangle means the Heartbeater pirates have found treasure for their new Ranger !!
Go Heartbeaters !! yeahhh !! Feeling bullish as !
Here is the chart..
Bearish Tug of War w/ Near Perfect H on BTC Right ShoulderNot looking good, but we have to go with the flow of the market and how it presents itself..
Get ready to see 10k levels or below in my opinion, nothing about this looks textbook good !
It makes sense that if the Wooly Mammoths go Swimming with their Nemisis (mirror) the Electric Eel, (The long awaited SFB?), they are not going to make it out without a scratch..
Best of luck to you all ! We are going to need it !!
Traditional target says subtract hieght from neckline oof ! 6k ?? could it be !!??
Consolidating Flatline on NEOUSDT (?) The Back Blocks of BittrexOk, I'm going to break this NEO down..
We have a rise into an Inverse Asymmetrical Heartbeat IASH.. See Bitcoin examples over last three impulses where the ASH which has an Eve as top and Adam as bottom has produced awesome gains in price over the year.
Following the rounded Eve Bottom we hit the axis of the IASH and begin the Polar Volume Mighty Mouse Lightning Bolt Right Crossover (X).
Price currently sits on the axis of the two patterns.
A Flatline is ensuing.. Look deeper with higher definition (reduced candle length) and you will find a tug of war between bullish and bearish heartbeats and mightymice.
Patterns like this, us heartbeaters call Tug of War.. and we wait for the bearish one to show it's head.. possibly suggesting we are in a bullish market overall. Stay alert dear investors !
I hold my position of long !
Let's see what happens !!
CADCHF - Tug of Wars. This currency pair has been in a somewhat choppy yearly consolidation range. It has recently broken the long term black down trendline into the buy zone. The question is now, is the consolidation range going to hold? Or the broken down trendline? Market has now bounced off the black down trendline and moving its way up to the near term blue down trendline. Unless the market taken out the consolidation high, then I have no choice to short this currency.
My plan is to trade sell half a position at the first blue down trendline /at a strong resistance and after A BEARISH CONFIRMATION, if market broke the inner near-term down trendline and formed another confirmation at the outer near-term down trendline, I am selling another half position with my stop above the high, and limit at the consolidation resistance.
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