My look for a bull case
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also a channel to follow
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5th wave done earlier than expected but the inverted H&s is stil in the cards
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On the other side inverted daily chart showing a possible retest of the breakout which means this "bull trend" on inverted chart could be still going to make another run up to retest higher resistance zone (3k level)
So if u wanna long on inv h&s idea just have in mind the inverted chart also. Sometimes its easier to see the trend on the inverted side
So if u wanna long on inv h&s idea just have in mind the inverted chart also. Sometimes its easier to see the trend on the inverted side
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Here is the inv chart
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Price still going inside bulish channel so you can keep btc as it stays in it. Short if it fall out
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Testing channel trendline again. Expecting solid reaction pretty soon
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Bearish case
My chart from July. Price respecting the wedge resistance. Very strong resistance
above. Acording to the fractal we might see capitulation in January/February
My chart from July. Price respecting the wedge resistance. Very strong resistance
above. Acording to the fractal we might see capitulation in January/February
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mid term bull channel looks broken. Shorts positions are opened. Last hope for bulls is to use this falling wedge as a trampoline on the support around 3300-3600 which levels I'll be watching closely
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throwing some ideas here
Inverted daily chart might form some bull(bear) continuation
Inverted daily chart might form some bull(bear) continuation
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