BitcoinLong
Still, short term long
Nothing changed since my last analysis. IP2 has nearly formed. Upward target from here is minimum at 50% Fib. Further up at 61.8%.
This pattern will become invalid if BTC fall below $7,700 or 0% of the retracement.
I identified a very tight cluster formed of X/A/A1 extension and X1/A1 retracement. This indicate strong resistance on both levels.
For those interested, P/L in this case is at 3:1.
This pattern will become invalid if BTC fall below $7,700 or 0% of the retracement.
I identified a very tight cluster formed of X/A/A1 extension and X1/A1 retracement. This indicate strong resistance on both levels.
For those interested, P/L in this case is at 3:1.
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