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Decodingthemarket
Aug 15, 2022 4:07 PM

#BITCOIN-USD Let's consider a possible Short

Bitcoin / U.S. dollarBitstamp

Description

10% drop in price as bitcoin is respecting many times
the upper ascending channel line
increasing the possibility to fall in the green box level
$22,600K-$22,400K This move could happen only if price action act as before
averaging 10.5% possible drop
NFA
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NOTE: Price Line Extension (Red) is Only a Visual Representation how Price May Move in the Near Future
with Unknown Specific Time Frame Depending on the Speed of the Price and Variables of the market

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Comments
MrPipa
nice one.. its a possibility I am watching for.
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