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Dunkelwerk
Aug 28, 2021 3:30 PM

Relief rally rising wedge - short term Short

Description

It looks like we broke down and now confirming former support as new resistence. We will see what happens when traditional markets open, CME closed at 48400 USD.
But i expect further decline as weekly volume is fading and there is clear inflows to exchanges . Target is 30k level, check my previous analysis for long term view.
Comments
lillybear
Yea it’s a pretty clear looking rising wedge and losing momentum.
cr74life3
I lost it at the handicap sticker 😂😂
LA_Designer
@cr74life3, Even funnier how people are still waiting on 20K 😂
kingpannu
very good analysis
Napo54
would be great if bitcoin ran up more before having another 50% or 70% crash
MartyBoots
Bitcoin 190k Target
olex20151565
😂😂😂
PensieriParole
@MartyBoots, i think bitcoin is going to crash soon!
MartyBoots
Great idea
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