Also you currently building structure looks like head and shoulders.. Lastly I don't see strong buying pressure anywhere now if you check 4h&Day time frames MACD and RSI and you see the have uptrend then i am possibly wrong... But with H&S for in, no buying pressure the RSI in the top 50% and the MACD almost flat or going under 0 I would bailout taking small lose over what I'd to come.. If the above don't stand then I am wrong I said it before this just 1sr look impresions
Kaloian
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Sr but to me this looks like "table top" waykoff distribution and not sure about the retest but I am positive that this looks like what BTC did check 6M till now of the BTC on high time frames like 4H or Day so in my opinion... A table top got green left leg a consolidation like High and lows the top usually 3 highs the the right leg red.. Careful with the fake /pullback at LPS lvls near the big support.. Of course that's just from looking at the shape I don't trade that coin but keep it in mind coz the drop of tabletop is harsh, about 50% 3rd EW to LPS then 50-60% additional to the bottom where it enters Waykoff Accomulation
DreadedLion
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do you expect it to retest 41 before breakout to .82+ or have we confirmed next breakout to these levels already?