Bitcoin / US Dollar Perpetual Inverse Swap ContractBitMEX
Description
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The move up that took us here looks like it ended with a truncated 5th wave, starting from that point it looks like we are forming a descending triangle and our expectation would be a continuation of the move up (this is only in the short term I do think that we are headed lower overall)
Comment
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here it is on the 5 min, the triangle is much easier to see