FaustDick
@t_FaustDick
What symbols does the trader recommend buying?
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FaustDick
The bearish case is a bear pennant, which could indicate another breakdown to 100k.
FaustDick
The liquidity at 103k has been taken and five waves have been completed. Now, we should be all set. In theory, at least.
FaustDick
I have to make a correction to my previous publication. Five waves had already been completed. This potential reversal therefore makes perfect sense at this point.
FaustDick
Bitcoin broke out above its downtrend line. A retest may happen, but the trend is broken.
FaustDick
I assume the correction is not quite over yet. One more drop for BTC would make perfect sense.
FaustDick
On lower timeframes, BTC appears to be hovering at a decisive level.
FaustDick
"Spring" breakout, retest of the range low. Textbook price action on ETH!
FaustDick
Technically, BNB provides the perfect range setup. After forming a potential 'spring', the price went above the midband, but then retested the range low once more and has been bouncing ever since. Given that the price also broke the downtrend on the daily timeframe, the BNB chart could indicate that the altcoin correction is over. Technically...
FaustDick
BTC hit its technical target after breaking below its range at the resistance of the January ATH. The hourly RSI is showing signs of reversal.
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