I think we will reverse forming a double bottom , after that a head and shoulders formation as i drew on the chart .
But we have to look at the 40k support . If it brokes we can go till 30k.
But i am more BULL now than Bear because we are already very low.
We are now at the support zone
The best time to buy it is now
Expecting a bull run till 0.061$ which is 70% without leverage .
Now imagine if you use 3x leverage ... it's 200% in 1-2 weeks
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I think this is a very big Opportunity to have some profit.
It's at a very strong support zone
I am expecting a very big boom here.
1st TP is 60
2nd TP is 82
3rd TP is 116
4th TP is 230
Long it guys at least till 2nd TP and you will have a good profit
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I expect 1 of 2 scenarios I mentioned on the chart.
The first scenario: We bounce from this support zone
The second scenario: We go down till 3400 forming an inverted head with shoulders and then we can expect pre price at 5000$.
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We can see an ascending triangle plus a cup and handle formation forming.
I'm gonna long it now till 0.25 $.
It's a risky coin so don't use more than 3x leverage .
Better buy on spot something.
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If we broke the resistance at 3.7$, I will long it till 5$ .
Use max. 5x leverage or only spot trading .
If we can't broke the resistance, we can dump till 3.2$ - 3$ so wait 3,7$ to enter long.
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Take care now, because bitcoin can squeeze to 40k before his next leg up to 60k
As you can see we broke the resistance zone and successfully retested it.
Also we bounced from the 0.618 Fibonacci zone.
I expect the price for 1 coin 0.88$.
Long it with me
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Long BTC now faster. AS you can see :
1) The price rejected from 0.5 lvl fibonacci.
2) We touched the resistance trendline.
3) We formed a falling wedge wich is also bullish.
I think the way to 80000 is open now.
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