**** This is a continuation of the previous post, link below ****
Hi All,
Firstly don't miss out.
I have been stalking this bugger for some time and kept buying the dips in the formation and now its done a breakout, it almost lines up with BTC to soon break out as well. Either way, you win but one would like to flip to BTC when it rockets up as well. If you recall a few incidents with btc dominance (chart), when BTC dom is about to go up, the alts are likely to drop a small % (5 to 10%). So if you time it well you can compound with this upward motion with both coins. But your timing has to be good.
As for this chart, there are two ways to look at this formation, and both are good signs.
I thought I better post this update so you still have a chance to get in.
The daily even looks better
Cheers, S.Sari
BTC chart
Previous posts related to this one (continuation). (I like to keep posts linked so when I look back, I have a clear history on my success and failure points, and hence easy to review and learn to improve).
Note
A note of caution: After looking at the short term target with a long term view, its possible this range we are moving to next could be here to the end of September or October. Looking at the BTC pairing, both the 12 hrly and Daily, and onwards, short term we have this 2 scenarios playing out. So I'm ready to flip to BTC if I get the Phoeix and other indicators complimenting each other if LINK.USDT is a bull trap.
Note
Note
Above charts is the pairing and here is potentially the bigger picture to the BTC pairing
Note
A bit of a concern on the weekly BTC pairing, bearish div. So this could basically go lower than what most will expect.
Note
as i see this as wave 3 to 4, it will and is a complex structure\impulse where its designed to strip you profits....much like BTC at 9k to 10.5k
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