BTC buying zone - potentially

I bought here at 0.618 of previous pump.

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Now?

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We can wait and see how this goes

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1H bouncing back. Waiting to for 42000USD if it is possible with the amount of FUD in the market.
Careful

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Moving to 42000USD

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We need to break 39000USD first. This is the previous low which is a resistance now.
Then 42000USD is on the table.
If we break 42000USD, the next stop is 48000USD. This resistance will confirm whether we are short-term bullish and potentially for a recovery to where we all want to be, the 50000 - 60000USD ranges.

This has a long way to go. Recommend hold your spot bag and set SL below 35000USD

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looking bearish for a correction.
Case 1 - we bounce off 35000USD range
Case 2 - We going to 30000USD again
Case 3 - breaking 38500USD would indicate continuation of bull. Recommend entry after 42000USD is broken.

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This is also a point of view for trendline resistance

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Still neutral. HODL

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Case 1 in play for now. Close below 35000USD will cause massive dump and panic to 30000USD.

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Bears are strong
Here are the possible support.
Recommend stay out

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Per the updates, it is down at the 0.786 fib level and we see a 5 waves down.
RSI short term bullish divergent.
However the market is in extreme fear. Hold only spot.

Trade closed: target reached

It has bounced off the 0.786 fib level.
Waiting for a correction to buy more.

lucian136

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lucian136