To understand if the BTC pump is holding we look at the S&P500 which is also looking bullish!
Check the chart for the M and W patterns and targets + check the chart linked below for BTC targets.
IMPORTANT: this is not financial advice, trade or invest at your own risk and research.
Check the chart for the M and W patterns and targets + check the chart linked below for BTC targets.
IMPORTANT: this is not financial advice, trade or invest at your own risk and research.
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UPDATE: textbook W and M on both charts, seem to be bouncing from their respective necklines exactly at the same time. Ofcourse we are at a low timeframe here so its not confirmed but it looks exactly how I want to... Crucial time for both markets, therefore we monitor on a low timeframe; however we only make moves upon confirmation on a 4hr timeframe turning bullish.
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SELL SIGNAL:
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UPDATE: looks like my original plan is going ahead and last week's fud is gone. More stimulus coming so more inflation and higher asset / stock prices...
Important update on Twitter on 10x Club, a weekly newsletter curated by me containing research & analytics on the crypto market & the amazing opportunities during the bear market - Check my Twitter or website link below:
