Ultra Timely and Strong Additional Buy Signal Very Near
Photo by Logan Voss on Unsplash
While it is happening a little bit sooner than I would like to see . . . and a little bit faster than I can type . . .
There is a nearly perfect ultra-classic head and shoulders bottom formation which may breakout in the next few minutes while I write this, with BTC now currently at $80,949 and rising fast, so I will keep it brief!
The signal will be full and complete upon any price greater than BTC $82,815 (or FBTC $71.57).
I am allocating 50% of all remaining available cash to this signal IF and when those prices are reached. (I will keep the remaining 50% available for the far less likely event that this signal may fail with prices perhaps then crashing down to our GTC limit buy orders near the $50,000 and $25,000 longer-term support levels on a 50–50 basis at those two levels.)
Why now? Because in addition to the near perfect, long forming and big pattern we now have the most bullish signs currently imaginable . . .
When all of the most feared bad news comes out and the prices continue to hold strong in a tight consolidation, that is the most reliable sign of market strength!
Especially when it comes after a huge move up from bear market lows, which has staunchly refused to give any reasonably sized pull-back to enable buyers to get in at anything less than the relative nose-bleed prices after the recent sudden and gigantic 20+% rally!!
The classic objective for the breakout of this classic pattern, if and when it actually happens upon the market reaching BTC $82,815 as specified above, measures to the minimum level of BTC $107,000 (or more).
Best wishes!!!
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