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Hi guys, This chart talk about basic market cycle in respect to the BTC chart. From the chart it can be deduced that we has the following phases that make up of market cycle: Lamboo Phase(Big Guys Zone): Real market growth Recovery Phase(Accumulation Zone): This phase bring basics hope to the market) Correction Phase(After the market growth hit stronghold level this phase kicks in for possible Author: Weslad.
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of the. · They hold the key to the secret of trading like a bitcoin whale. | Source: Shutterstock Whenever you look at a chart of a security, you’ll find something called Bollinger Bands that can be overlaid onto the prices. Bollinger Bands are simply data points that are placed one standard deviation above and below each day’s closing price.
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Your chart setup should basically have 3 windows. One for the Bitcoin chart and the second one for the Ethereum chart. Last but not least, make one window for the OVB indicator.
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Dear traders and followers, welcome to our weekly Bitcoin market update! The Bitcoin price move within sideways channel for almost 10 days. The last buy volume was pretty small and now sell volume start to grow. We expect that the market will do a bear trap before starting the next up wave to $ area. This bear trap could be a perfect buy entry for us.
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