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bgz
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BLZ
is peaked. Take short from fibo 5 or higher. don't forget to SL at HH and use 5% max of your margin.
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BTC update where to buy? If you miss opportunity to buy, 62200 is a perfect place to buy. the 4H indicator is uptrending strong. It also breaking the May June downtrend line. dont short BTC, buy only. Also don't buy any ALT at this moment . if BTC correcting it might affect down heavily to ALT. Im already shorting RATS and BNX.
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BTC update with Elliott wave theory . On 1day chart, i see a pattern of impulse . there are stil space to reach potentially 87000 (at least). But, the indicator still showing a sideways . So at 4h chart, im predicting BTC will not running ATH in next 30 days. It still need forming a very long waiting correction of ABCDE. Yesterday, i was wrongly predicting about rebound from 62600, but with backup plans, i put heavy load of DCA at 59000. Luckily now im riding BTC with ease at average 59600. Of course, im already unloaded the DCA as for safety fuse. Prediction can be wrong , but management is must correct .
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BTC update. Price where it will get the third rebound is 62600. With potential TP 76500. The bullish cross is confirmed breaking . But this doesn't mean the bearish is confirmed. The market is still on sideways in few more weeks or months between price range 62600 - 66000. there won't be bullrun in near time. I'll set buy limit at 62600 BTC. as for ETH, im set buy limit at 3300.
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ETH is rejecting fast from SMA 60 in 1 day timeframe . Now we need the 4h timeframe to become a bullish cross to confirming the weekly uptrend. I hope it will happen by tomorrow. As info, the blue line is EMA 50 and orange is SMA 60. This cross between two are mostly correct and can be dependable. Of course , always prepare a backup plan and risk management .
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BTC trendline rejection is starting . is the line strong enough to make ATH? im already buying it, this is the most strategic position for buying . good luck guys
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