Head and shoulders formation with Elliott Waves 8k and 9k are important levels
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- My thinking behind this is that BTC tends to test major resistances/supports multiple times before an eventual push through -Think 6k this year and 4k last year. I would be surprised if we green dildo through 9k at this point. -I think it generally a head and shoulders forming (4k this year) or/and a accending/decending triangle which is not very steep (6k last year) (none of which we have here)
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typo: "Think 6k this year and 4k last year." should be 6k last year and 4k this year
Nice I like the looks of that. I had been plotting this as the start of a C leg down for 4th wave correction until yesterday. Thanks for the update, honestly did not see that inverted HnS