Dre
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30 Trades: Successfully completed 30 trades
@Dre
Joined Oct 2019
as i said a few months back im calling 5800 for the bottom. now we've finally had some movement, with a little fine tunneling i see the bottom being 5720
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CryptoSlashy
hmm, I feel that we won't come that low.
3 Jan, 2020
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Dre i would love to believe we're out the woods however in terms of risk to reward and this prolonged consilidation/ lack of volume i can only assume this month with be the next/ last leg down. levels that are in the post are major support and resistance/fib levels.
4 Jan, 2020
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Dre
if taking into account fib levels and Elliot waves we can as sum we are now on the 3rd wave. once price has reached 8500 wave 4 buy back would take place around the 7420 area
3 Jan, 2020
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We should pop up to 7200-7400 this week if the 6820 level holds. Then back down to around 5700-6200 unfortunately
1
Dre
5700 would be the bottom for me. Could pos break down to 4990 if there no vol and stops are taken out. Scary ino. This weekend has bin a joke chart has become unreadable in this range due to wale manipulation
25 Nov, 2019
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Dre
Nice hammer candle on hour. Should be a impulsive week and slow grind back up to 7200 with abit of luck. Hourly Ema puts us at a 7000$ decision point. With bitfinex's new law suit under way I can only assume traders are pulling funds from exchange. As bitfinex is the index price for bitmex I can only assume that's catalyzing this weekend sell off considering its bitfinex providing the most selling pressure right now.
25 Nov, 2019
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Dre
We are also finishing up our last leg of a 3 drive divergence on the hourly rsi. Stil not enuff confirmation on macro but and averginging point until bigger time frames (3 daily) start printing more solid signals. Happy trading guys
25 Nov, 2019
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CryptoSlashy thanks for sharing the insights!
25 Nov, 2019
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