Long

What if BTC is making an Adam and Eve pattern

Updated

BTC spend a lot of time to break below 6400, now it has a bounce back from the level, could not make it test previous low again (5900 area). The possible outcome could be an Adam and Eve pattern completion for the bulls.
Good luck.

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One step at a time - next resistance: 8250-8450

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let's see if it makes higher lows at the pullback, then if it can break the long-term downtrend line in red. Target at .5 fib.

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downtrend line on the linear chart was broken, but not in the log chart (see chart below). Target to 8800 if we were to go and touch that trendline.

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youtube.com/watch?v=Yaxq3iggMdM

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zooming in on the 1H chart - watch the pennant for a breakout or breakdown.

youtube.com/watch?v=Yaxq3iggMdM

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Target 10300-10800 after dips to 7500-7800

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breaking out from 4H triangle...

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420 - today is the day I am waiting for.

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Testing 9k
below is 15 min chart

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Retracing to 8300 then up to complete inverse head and shoulders with ABC correction. Target 13800.

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The badger is on the run again...watch out for profit taking and end of wave B.

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Waiting for the breakout from the pennant - next small stop: 10800

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breakout from pennant is confirmed on 4H:

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Hodl the line bulls:

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falling wedge bullish sign:

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