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Comentarios:
to add weight to this theory we need a red weekly and a red monthly
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NOT TRADING ADVICE
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Second part of theory is that alts are lagging do Q3 2019 is alt season in this model
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would need
1.weekly close around 10.7
2. monthly close around 8.3
to add weight to the theory that bitcoin is adhering to typical bubble cycle
1.weekly close around 10.7
2. monthly close around 8.3
to add weight to the theory that bitcoin is adhering to typical bubble cycle
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ETH
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on the weekly we got a green candle after the spinning top, there was a precedent set circa august 2017, the weekly dip might come later in the month
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if this a green month we need to rethink the hypothesis, target at present EOM is 8k; but this is a high risk zone for shorts and longs
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things seem to be playing out if so next week should be pretty good for alts
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eom target 8.7k
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btc has prolly dropped to hard for most alts
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some alts look ok but i think we can forget a pan market alt season, currently looking at xvg,zrx,etc,lsk and a few others also checkout @Amjadsid
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8.7k target eom
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monthly didn't close as low as we wanted but little has changed
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all going to plan just a bit slower than expected
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Monthly and weekly looking awful as expected
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well we nailed it just took a little longer, it's going real low
Operación cerrada: objetivo alcanzado
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Well look where she bounces. We'll see what's what after 11k and alt season. K Noobs.