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Bitcoin / TetherUS

BITCOIN UPDATE

By UnknownUnicorn22804749
Updated
TA wise never ever fade a descending broadening wedge pattern, it is a powerful bullish reversal pattern. First target of resistance is the 44k level followed by the 47k level.

GL
Note
snapshot this is what flipping resistance to support looks like friends
Note
snapshot we have now formed a bullish pennant pattern ,if it plays out the first level it must crack is the 47k region then the target is 50k
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HOLY SHIT, now this is what happens when everyone on X talks about the same pattern, market makers take advantage of it and liquidate traders, I will not panic unless we go under the major support, this is a clear liquidation move!
You should have had SL at support of pennant! snapshot
Beyond Technical AnalysisBTCUSDTChart PatternsTrend Analysis
UnknownUnicorn22804749

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