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Joined Dec 21, 2020
btc
chartpattern
crypto
cryptocurrency
fibonacciextension
indicator
long-term
macro
timeframe
trendanalysis
waveanalysis
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Since the beginning of its existence, every time BTC has broken the all time high of its previous market cycle, it has bounce off the 1.618 Fibonacci level never to return there again. Until this is proven untrue, we have a constant macro time frame pattern.
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Looking for selling pressure in the read areas and potential downtrend resistance on the yellow line. Anticipating a bounce off the red box for a long entry in the green box. 1 hr Stoch RSI Crossover but Daily Stoch RSI still going down
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