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Bitcoin 2 Weeks Range Forecast

COINBASE:BTCUSD   Bitcoin / U.S. Dollar
Assuming BTC doesnt break either on upside or downside until 16th April, than we will trade the Range in WHITE Area in this chart.
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So if it doesnt go outside of the triangle we trade inside the triangle, otherwise up or down
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I am experimenting with an EW count that has some more downside to it:
Does this make sense?
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Well, be carefull: my JOES-fractal analysis says we are going NOW to 8500 within a few days (that's within your triangle)
But after that a downfall within 2-3 weeks (I figured out 20-21 april) to probably ~4000! which is a break-out down your triangle.
Good luck trading....
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TradingRoomApp cryptopaatje
@cryptopaatje, yes thats possible as there is a greater chance for a break on downside considering the Momentum is heavily against uptrend. our Downside target is 4400-4650 if we break on the downside after a pullback to 7800
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Traditional Markets are 80% sideways and 20% trends so dont be surprised with an extremely slow market
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SIGH.... mostly sideways
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TradingRoomApp LisaNEdwards
@LisaNEdwards, raditional Markets are 80% sideways and 20% trends so dont be surprised with an extremely slow market
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