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Giant W pattern on the daily
Orchid
Long
Giant W pattern on the daily
By Stone881
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Updated
Dec 8, 2021
5
Cheer
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3
Nov 29, 2021
Looks like OTX could be playing out this pattern. If BTC can hold in here and stay at least range bound, this has a chance to work out.
Based on the W, price target of $1.60 - 1.75 looks feasible.
We may also see a Cup and Handle pattern play out in the course of this.
I love trading OTX and it has been holding up very well over the past weeks.
Dec 8, 2021
Comment
We'll have to turn up pretty soon if we are see this to play out. The cup and handle is still the highest probability at this time imo.
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