Updated

BTC consolidation pattern

One possibility it is that BTC is forming a ABCDE correction.
I see a end of bull cycle on H1 today so that might confirm this hypothesis, let see what's happen next, this theory is invalidated if we break 7450.
A+

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It seems BTC is following the plan, we find a C point imo, i'm shorting it until we find a end of bear trend in H1.

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Hi
I put my SL on my entry 7050, because if we make a higher high here it will invalidated the scenario

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SL 6900 and PTP at 6660

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BTC is moving to fast for a triangle imo
a bear penant is more plausible
I take a PTP at 6660 and i will renforce my short a 6900 and re up mys SL a 7000

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BTC still searching "D" point imo. During "A" to "B" travel we have a pattern, fast drop/range/drop to the support and then go C. I am expected the same here. We are at the "range" phase, so i m waiting a drop today to find a correct "D" point in the targeted area where i will close 50% of my short position open on "C". Then i will increase my position at E point with bigger leverage in order to play the break down of this ABCDE.
That's my plan, but is it BTC plan? will see

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IT seems that wavetrend find the E point
I have increase my shorting position here Target 6000
I usual this is my plan, but is it BTC plan?

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Go deep?

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OMFG BTC is SPACEX
break up of the penant, no coment.... imo we are still bearish

nonobdx

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nonobdx

Apprendre la méthode:
discord.gg/b7YGtY2
Site internet: marketreader.fr/
Chaine Youtube : youtube.com/channel/UC-a7p8DkfbDM6ONrTzsaErA?view_as=subscriber

Also on: