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cerealpatterns
Nov 30, 2022 2:32 AM

reversal weekly literally comes down to the 1 minute Long

Bitcoin / U.S. dollarBitstamp

Description

if we hold this uptrend on the 1 minute or we loose it and regain it holding these lows we end up over 18k. the last resistance is the higher pivot and the lower pivot is the last 1 monute low. over 17k roughly is the level to long, while normally in this beararket 17k is a huge sell the rip level.

Comment

just so were clear this is the much wider range monthly

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no teason we couldnt duplicate the previous channel and revisit estimate

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bull cypher vs. head and shoulders pattern

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again it comes down to the 1 minute if we hold this .5 retracement it could stick to the bull hourly weve created, but if it looses that it will probably gead and shoulders

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this is what my wave analysis is doing
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