Calling a Inverse H&S currently forming the second half of a head, rising wedge and RSI indicating it's getting ready for a drop into the right shoulder, then we go up till Christmas!
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Also expecting 6800-6400 to be Right Should rebound point based on the Ichimoku cloud
Trade active
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Price has broken into the cloud and based the Tenkan Sen and Kijun Sen.. looking now to see if it pulls itself back out or shoots through (as I expect it to thanks to the bearish soldiers on the linked chart) and carry on down.
Has been fun to follow along with the bounce off 8k!
Do you believe that a good sale value between today 11/15 and 11/18 would be USD 7300? Would a good purchase value be USD 6800, on 11/18 when the BTC starts to fall? Do not you think it could drop more than USD 6800?
hawkdawg
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@giatti_giatti, I'd say 7200-7400 is an OK range to sell. I expect between 6800-6400 to be the dip based on the Ichimoku cloud you can see (I expect the price to bounce off of this cloud).
giatti_giatti
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@hawkdawg, I believe too. If Bearish is bigger, I'll be happier! I sold for USD7400, let's wait for the last wave.
Thank you very much for responding. Won more follower!