Hello everyone!
People still haven't learned, the market is still overflowing.
This can result in high volatility.
After further drops, we landed below my target from the previous analysis.
I didn't expect such a descent, but the profits were realized and it is time for the next move.
In my next strategy, I used the moon phase indicator. Maybe it's nice to tell me when the accumulation will end.
After it, I will take the long position if it goes as planned and there is no further disturbing news from the world.
Possibly when I see a doublebottom signal. Then I will share it with you.
Another drop to the last support is possible, but less likely. A quick wick to remove STOPLOSS may also be formed.
Why do I think so? The on-chain data shows that, a lot of leveraged orders appeared on the market again.
If you have one, you should be careful!
My target is the yellow trend line, I'm counting on new ATH. If it breaking trendline, I'm realizing some profits, counting on further increases.
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Greetings