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Topic: Bullish outlook for BTC - will it last? - page 3. (Read 534 times)

legendary
Activity: 3472
Merit: 10611
September 02, 2018, 10:35:29 PM
#3
crossing soon around $7600, then a dip to $6500 and then moon?

i am not really good at TA because i don't like it but what you said doesn't make any sense to me at all!
you are basically expecting this slow and strong rise with a decent buy support to go to $7600 and the whole process would take a long time. then you expect it to have a huge drop, it is not just the size, the size of the drop is not that big it is huge because you are expecting a drop way below a major resistance at $7000!
if there is a bull run then there will be enough buy support to keep the price above $7k and if there is not, a drop back to $6500 is NOT going to be followed by "the moon"!
jr. member
Activity: 322
Merit: 1
September 02, 2018, 04:38:45 PM
#2
Do not bother about a whether bullish trend will last. Leverage on making save profits in stata
newbie
Activity: 131
Merit: 0
September 02, 2018, 01:52:20 AM
#1
RSI at 62, major trend lines crossing soon around $7600, then a dip to $6500 and then moon?

That's what this article says: https://www.cryptonewsinc.com/a-bullish-start-of-september-for-bitcoin-will-it-last/

Agree or disagree?
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