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BTC – the price is perfectly aligned with 9EMA on 3D chart
Bitcoin
BTC – the price is perfectly aligned with 9EMA on 3D chart
By WBM_Team
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Updated
Jul 11, 2019
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Jul 11, 2019
Hi Traders!
Well, yesterday’s prediction didn’t work out.
As it turned out
even solid pattern such as reversed head and shoulders doesn’t guarantee the win.
This is crypto.
They behave irrationally.
Don’t be afraid.
When the bull rally is on corrections shouldn’t exceed 30%.
It such cases it is always a good idea to buy extra in such a dip.
Yesterday’s drop wasn’t expected
.
Someone put a large amount of BTC for sale on one exchange
.
It was a
trigger
.
The price didn’t fall that much.
It was around 12% down.
It is getting stabilized.
We observed that during the current bull ride the price didn’t fall below 9EMA on 3D chart.
What do you think about that?
Drop us a line in the
comment
section.
More
technical analysis
:
• We are still in the
uptrend
• The
long shadows
on the bars observed – it looks like the
correction is nearing to the end
• Weis Waves -
let’s wait till the red waves are getting smaller
or the disappear
• WBM BUY/SELL – the price is
locally oversold
Anyway, such behavior is
normal
and really please do not panic.
When you make decisions being emotional you end up with a loss.
Thank you
for reading.
Hit a like
to support.
MASSIVE Hugs!
WBM Team.
Jul 11, 2019
Comment
Bitcoin (Cryptocurrency)
bitcoinusd
BTC
BTCUSD
Cryptocurrency
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Technical Indicators
Trend Analysis
Wave Analysis
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