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Nutty_Trader
Sep 21, 2021 2:42 AM

42-45k For A Couple Days Before Continuing To The Downside  

Bitcoin / TetherKuCoin

Description

If we continue to play out exactly as the May pattern (which we have so far). Then I'd expect Bitcoin to bounce between 42-45k the next day or two, before we continue further to the downside. Ultimately I feel we will retest the 28.5-30.5k range. Don't fall for any traps. If thinking about entering a short position: 44-45k would be a great entry. Not financial advice just stating what I personally would do.


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Comments
PtSp86
same thoughts. alts might rally
alexdageek1
I like the idea, but i think right shoulder should match left shoulder.
shahinzb
@alexdageek1,you mean for sth like this to happend we may see 60k first?
alexdageek1
@shahinzb, thats not what i meant the left shoulder on 40k
velizmd
Great analysis!
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