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as we can see there is a bullish divergence and its trying to break out and close above fib level, it can fly up to 123 if it does that. SHORTING is better to be honest since it can dump to 118 and then start to slowly go back up, but the bullish div is showing me smth else...im currently waiting to see what it chooses to do and make an entry :) I do have a long...
respect white line 9400 9600 9800 respect red line 8800 8300 8100-7900 it can form a small triangle then a bigger triangle if 9400 gets broken overall I think we go down since we had two 12H closes under EMA 100 a 12H close under EMA200 will surely push us down to 7K levels
I think we will get rejected by uptrend trendline, and then continue going lower. I dont care if we broke downtrend channel or not, a close above 113.5-113.6 would make it bullish for me though but its highly unlikely, even if it does 114.5 would be my TP not a signal whatsoever and dont follow it because I say so I hold no responsibility, its just what I am...
Target 8950 - 9050 - 9150 - 9250 stop loss at target 1 after second target achieved
no support lines no resistance lines no pattern just follow this line and you are gold!
lets see what happens dump we see 9200 test pump we see 9800
Simple and stupid graph but it works! Just wait patiently :) Buy when it exits and closes above this channel. we will see 6K again sorry to say ignore bollinger bands thingy under the graph forgot to put it away or smth
Chart is stupid, lines are stupid, might fly to 1500+ in a month, but for sure it wont go lower than 950 anymore, unless btc decides to go crazy 20K+.............................. 1500 should turn into the new higher low for ltc Enjoy my retardness!