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Zooming in, we are entering the last wave of our retrace back to this entry point. Steady hands and waiting for validations.
I've spent the last few months on the BTCMarkets sub. Still don't know much about TA etc. See the chart. Good luck!
Often wave five is I have used this theory as my target zone. Lucky guess.
Maybe this is a cup and handle on the hourly? If so, I'll have a latte. Scouting possible double bottom with prev upwards sloping channel support to go long.
Corrective zones. Long and short zones. This won't end well for compulsive bears New ath any moment, but for now be careful of the bull trap anove USD and keep some funds available if we touch down near USD, Grayscale is buying at the monthly trendline so anyone one who is dreaming about btc under 33k will be shorting straight into the wallets of institutions that know how to make If price needs to fall through the bottom parallel channel to confirm short term bearish count.
Long term wave count points higher.
Short idea. Learning crypto patterns and pullbacks on the weekend to expand my knowledge. Looking to break up or or potentially drop back for a retest, holding the Currently Holding and not looking to exit due to my belief in fundamentals and the requirement for a digital hedge against monetary policy of