One of the most consistent bearish patterns descending triangle is finished. Sellers dominating, let's go down
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Actually if I respect every dump candle as a legit and not a false breakout, we might have ourselves a falling wedge pattern. Which means that small breakout at the end of the top line might become a nice pump of 17-35%. Possibly after a retest at 0.004660.
@ronakio1 ha ha funny guy. there is an adjusment to the prognosis down below, which led to a beatiful long trade, no worries
ronakio1
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@Brodla, Ok. If you're making money then that's good.
ronakio1
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You have 4 followers for a very good reason. Happy trading!!!
MyCryptoParadise_Nathan
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dont go against the trend
Brodla
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@MyCryptoParadise_Nathan, Very good advice, I try not to. In my short trader's career this pattern never once let me down. Yet. I'll let it play out first before starting longs, because if i'm right, pretty penny incoming with short trades right from the top
@MyCryptoParadise_Nathan i understand the sarcasm when i see it 😀 i stand corrected. a lesson to respect every candle when drawing patterns - outcome speaks for itself