Been accumulating BTC trading XTZ:BTC on the 1min chart as posted here.
Entered all my XTZ trading pool back in here when BTC shows strength, above resistance turned support line.
See BTC Chart:
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Likely to reconsolidate for awhile.
I'm all out if price falls below and gets rejected by the thin orange 200 VWMA, and the thick orange 200 SMA as well, on the 5mins.
It is important to note that the Ichimoku Cloud is starting to turn bearish. Might considering doubling down with more.
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Note the AB=CD target is not an absolute target, but what I believe to be a possible potential trajectory endpoint, provided if bullish conditions continues to hold (including on BTC, which is in turn, coupled with the traditional markets for now with more weak-hands FOMOing back in after the stock market pumped)
See my BTC analysis:
as well as my SPX analysis:
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BTC turning bearish biased on the immediate term. However I am still presently holding on to XTZ atm (with stop loss set, cost-averaged abouts the 141.4% level.)
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Golden pocket + CYBER ENSEMBLE on the 1 hourly.
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Sell signal triggered on the 15mins. AB=CD target, back down to the 61.8% Fib level.
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And (CYBER ENSEMBLE) Sell triggered on the hourly as well:
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AB=CD target invalidated, buy signal triggered.
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Perhaps going relatively sideways instead from now.
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Note: XTZ being supported at the 50% Fib lvl rather than revisiting the 61.8% is a sign of strength form the bulls — and will readjust my bias accordingly.
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CYBER ENSEMBLE *Buy* signal on the hourly triggered.
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Hidden Bullish divergence on the hourly:
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woops, scratch the above. It was incorrectly drawn in haste. Here's the correct chart with the lines drawn.