LotusTrading20
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LotusTrading20
expecting a multi year correction on BTC and all cryptotoo resilient... will update in time... expect consolidation still
LotusTrading20
watch out for a sharp wave II between here and the halvings on BTC
LotusTrading20
doge still consolidating before next bull gave you doge short at 14 cents, went to 5 now back to 8, imo a good short here to add or to re-enter if you not in...Trade closed manually: not entering new shorts here... upside risk not worthed... looking to buy dips 5/7 cent area and will add lower if it comesComment: still looking for 3/2 cents to add for long to 6/12 and maybe moreComment: giving the current situation in crypto and broad markets rn... I'm considering the hypthesis that CRYPTOCAP:DOGE actually has it's own LOG CURVE channel to go on from ... otherwise it's a parabolic chart and has potential trade into 6 buck within a year time or so... we will know more in coming months!Comment:
LotusTrading20
LotusTrading20
Fractals don't always repeat, but "rhyme" :Dthis is one of at least two potential scenarios... (look up chart and see what it did after 2013/14 dip: that would be the other scenario)this is the 2nd scenariothe 3rd I won't let you know... it comprises volatility... but if you not leveraged you may survive nonetheless!!! hodling is always safer...
LotusTrading20
Bitcoin may come down again toward log curve + 200 Monthly MaAlso VOLUME PROFILE show support at 12k...
LotusTrading20
BTC 12/14 K is your line in the sand... If it holds, it may be in a 1000 day consolidation fractal, as 2018/ late 2020... #bitcoin BTCUSD ETHUSD #crypto If it goes, only God knows where it stops... if you long the hole... beware using stop (manual or mental)... if 12 goes we could be in a wild ride towards 4500/3500 and even lower...
LotusTrading20
Bitcoin is entering the blow off phase of historical parabolic run.
LotusTrading20
LotusTrading20
expecting a large sideways to down consolidation in korn! long of the lower channels devs and parabola supports.
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