Long

LBC/BTC Accumulation phase in play

By swisscryptoman

Updated

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.

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We may need a bounce to confirm the uptrend.

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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.

swisscryptoman

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