The rightmost bullish wedge will break.
An upward break will deliver the price into TP.
All price action is within the context of a greater bullish wedge breakout.
(All patterns are Neuro-Fuzzy AI-generated.
Trade with caution.)
Having recently studied the Elliott Wave formations it seems like BTC is forming the corrective part of the wave.
I'm relatively new to Elliott Waves, and from my own TA I was not expecting this scenario to play out. It will be interesting to see what happens over the next couple of weeks if the formation plays out or not.
If any experts in the house I'd be...
Hello everyone, if you like the idea, do not forget to support with a like and follow.
IDEA is approaching a support zone so we will be looking for buy setups on lower timeframes.
on H4: IDEA is forming a channel in blue but the upper trendline is not valid yet, so we are waiting for a new swing high to form around it to consider it our trigger swing....
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Short 🔴 Price will go Down, Bulls will Buy Loss
SVM (Support Vector Machine) forecasts BTC/USDT dump.
AI predicts traders will try to buy the dip.
A liquidation snowball effect could create a fast & volatile crash.
After the shakeout, the new ATH later this year isn't excluded.
Trading Neural Network finds correlation:
Pumping USDT Dominance (USDT.D) = Dumping BTC Price (BTC/USDT).
Or a Coding Error to be fixed?
Linear Regression wedges forecast high USDT.D.
AI predicts Bullish Wedges on USDT.D.
If the correlation is true, BTC could crash.
Chart Pattern matching finds correlating Bearish Wedges.
The latter is on the...
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