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Updated

LBC/BTC Accumulation phase in play

375
Just wait and accumulate as low as possible. By the pattern shows, we may see an uptrend by mid march.
Trade active
Starting to move a little bit upward from the oversold RSI signal.
Note
We may need a bounce to confirm the uptrend.
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Note
obviously the uptrend got rejected. Would wait for few days then reassess. 2 support area below 2k sats
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It might be a good thing staying above the downtrend line and work its way up. It's been there for a week. Capitulation below 2k sats is very possible.
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We need to break the first fib resistance, and stay above there for a while. I'm betting to go up since RSI shows capacity and hasn't yet oversold. I feel that we're going to trade 9s in the coming days.
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swisscryptoman
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Technical IndicatorsLBCBTCTrend Analysis

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Technical IndicatorsLBCBTCTrend Analysis
swisscryptoman
Also on:

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.