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Trianglebreak

Bitcoin AnalysisBINANCE:BTCUSDT Now the price has returned to the bottom of its own triangle and the situation It takes a lot of risk to enter and even The bottom of the triangle is broken once and this means for the second time Breaking the floor of a triangle becomes dangerous and friends witness one We are also a model of head and shoulders that if we want to proceed according to the pattern For we have to wait for the price of the neckline broken upwards Be and stabilize, then the conditions for entry are good
by Dicoinex
BTCUSD - Weekend Outlook - Elliott Wave AnalysisGuys Bitcoin has been in a very complex correction since the end of the recent May 19th decline. It has formed a sideways pennant / triangle consisting of ABCDE Legs of 3-5-3-5-3. I believe we have now come to the end of this correction since the Overthrow of the E Leg high at 39407.55 on June 3rd. Price has shown bearish impulsive price action on Friday to the other side of the triangle and is now correcting back into the triangle where I anticipate a small abc correction up to about 38000 where I will look for shorts to enter the market for a 3rd Leg decline. Good luck and safe trading!
CAPITALCOM:BTCUSDShort
by AsproTrader