I am updating my chart a little bit, I adjusted the target. 45k-50k seems more like it before a pull-back. Right now Bitcoin is once again fooling traders by stopping at the most likely resistance. Some side-ways movement ahead of us before we continue higher.
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Fractal-wise the scenario I updated this post with seems valid too. We might get a pull-back already.Not
Since we did not retrace in any major way the 45-50k target holds before a pull-back.Not
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See the updated chart above. Everything still holds accordingly with the fractal.Not
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We have momentum to start climbing again soon. on 1h the price has been coming down but RSI going up = Divergence. I believe the price was pushed down just to eat away over-leveraged longs once again.
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Price jumped just as I thought it would. It squeezed the over-leveraged longs out of the game and now we can start moving higher. Slowly but surely.Not
Now Im expecting us to retrace a bit and fool more traders to do hasty choices (but would not surprise me if we continue up straight).
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Following the pattern. This retrace was expected. Lets see what happens.
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Little update, trying to figure out a way to forecast target more easily. Well I got something for you all.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.