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Bitcoin / TetherUS
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BITCOIN UPDATE

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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
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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
UnknownUnicorn22804749
Beyond Technical AnalysisBTCUSDTChart PatternsTrend Analysis

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Beyond Technical AnalysisBTCUSDTChart PatternsTrend Analysis
UnknownUnicorn22804749

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.