Bitcoin, nearly 90% chance for 2nd Wave down. Goals are...
Trade active
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Trade closed: target reached
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1st goal is riched
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🚨#Bitcoin dropped to 1st area. But I think it's not the end.
Watch the update 🎦👉
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🚨Bitcoin, I will become bullish if it will make 2 - 3 traps. Reasons: - Too many bulls - Price broke value area down - Big guys will hunt for SL of those that bought at $55 -65K
Funding is -.11%, favouring bulls . The 40k target is a VERY crowded trade, and generally the most crowded trade is not the correct one.
Something about this slow grind up seems off. We should've hit 40k much earlier if it was gonna happen imo.
watchtrend
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@Scamtrader, Great TA - lets hope the most of you have IOTX before breakout since NFT
CryptoHolix
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Yuri thanks for breakdown my friend. I love your work brotha. This 1 I am bit confused as I don't follow you on this 1; you said breadkdown up trend line (trap) and then compare to previous patterns, with relow & pullback but BTC has held well above 50k and since last big dump, it printed 3 higher highs and 3 higher lows, to me, this indicates a strong continuation pattern but you rexpertise would be much better. I don't understand why you explain we're going lower to 'key level' in relation to past 'trap' we already completed 'relow and pullback so many times here, if was gunna go 40k zone, would've happen already. I charted a breakdown based on your breakdown, please take a look and explain what I am missing thank u my friend
travisnw88
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@Kamuzzi, There is a quote from a movie called Team America World Police,.. it goes like "You, sir have balls,.. I like Balls." definitely headed up and up on the long term from what I am looking at. Higher highs and higher lows means something. I know nothing though.It does look like the start of a small downward channel for a day trader mindset.
taghizadehiraj
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after you said price will fall actually price go up . when you don,t know why you say that. sound very confident with 0 knowledge. people loss money because of your bullshit
Amirov_T
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@taghizadehiraj yesterday I wrote my comment with my view, but @YURIY deleted my comment... There are was chart that shows bitcoin will move to 59700$
Yuriy_Bishko
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@taghizadehiraj, next time take you bullshit and desper. BTC dropped exactly as I told
H
aaron_jacinto
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@taghizadehiraj lol. you lose money because of what you do. stop blaming other people.
wadecj84
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This is very simple. Its a wedge pattern. Any trader that has bought a $10 trading book should know how to trade this. Price broke out of the wedge. Your first target is th .618 retracement of the wedge. @ND target is support level which is also the double top measured move (confluence). Third and final target is the measured move of the wedge which is at 42,000. Which also has confluence. This trade offers a 6 to 1 RR for myself. Good luck guys.
Something about this slow grind up seems off. We should've hit 40k much earlier if it was gonna happen imo.