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BTC back to 6800usdt will we cup and handle?
Locking in a 2nd proof of concept to keep myself accountable again, the original cup and handle played well now waiting for a correction and some consolidation before looking at a new entry.
Being held accountable
Saving what I see for future proof of concept
Eos falling wedge?
Do we have a short term target of 12500? Are we in impulse 1 with perspective target 20-25k?
For personal reference and accountability.
Previous support lines dictated price as marked in yellow, possible strong influence from Asian markets around the 8800 area. The next 24-48 hours will be cruical in developing key support for BTC.
On the lookout for a breakout signal from EOS, a cup and handle is forming on the 4hr.
Looking for confirmation of a handle or continuation of cup.
ABCDE correction down to the .618 fib on the 1 day chart
Btc seems to of made a healthy correction and overall formed a pennant.
Publishing for my own learning.
ELLIOT WAVE AND CORRECTION
Im in no way an expert trader.