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RizeSenpai
Dec 18, 2022 10:00 PM

Bitcoin: 3 Falling Peaks In Harmonic Range Short

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Description

BTC is trading within a Harmonic Range today and while the Bearish Shark did perform well last night, ultimately price has come back up and created a Bearish Bat at the VAH while showing Bearish Divergence on Volatility. As the 89SMA approaches i'd want to see BTC come down towards and break the confirmation line to begin a move down to $16,500-$15,000 to complete the bearish wave down and start fresh on the new week.

Trade closed: target reached

closing now since we found support at the bottom
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