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CRYPTO_GEM
Price only does Two things 1)Draw to OLD HIGHS/LOWS ( ERL)2) Rebalance an IMBALANCE(IRL)Now btc price moving from previous weekly ERL to IRL So we can change bais after weekly IRL taken , we become bullish 🚀 70k sooner
CRYPTO_GEM
Crv triangle breakout in weeklyGood 50-100% returns Altcoin
CRYPTO_GEM
#Bitcoin hyblock Liquidation levels Long liquidation level 26.5k &Short liquidation level 30~30.9k
CRYPTO_GEM
A "Death Cross" is a technical analysis term used in stock market trading. It refers to a bearish trend reversal pattern that occurs when a stock's short-term moving average (such as the 50-day moving average) crosses below its long-term moving average (such as the 200-day moving average). This crossover is considered a bearish signal, indicating that the stock may experience downward momentum in the near future. Some traders interpret this pattern as a sell signal and adjust their portfolios accordingly. However, it's important to note that death crosses are just one of many technical indicators and should not be the sole basis for investment decisions.
CRYPTO_GEM
Similar Triangle Pattern Breakout: a chart formation in #HTR where two trendlines converge forming a triangle & a strong move outside signals a continuation of trend. Used by traders for potential entry/exit points Take entry/exit - on chart
CRYPTO_GEM
16.991 almost 17k hits .Compare before/after bitcoin chart.It pumped perfectly
CRYPTO_GEM
Bitcoin just broke out of a bullish pennant pattern, signaling a continuation of the uptrend. Traders will be watching for a strong close above the trendline to confirm the breakout. We can see 16888-17k #bitcoin #bullishpennant"
CRYPTO_GEM
Bitcoin price action moves towards liquidaty.5billion liq @ 16.250 15billion dollars get liq @ 17k Bt. Moves to this prices 1) Two wicks below CMP - 16250~16350 .2) Fair value gap - 17k~17.5k3) monthly support 17.7k turned into resistance.Possible to retest resistance.
CRYPTO_GEM
Bitcoin quick update.1) Currently - Bearish2) Small retest at 25ma - 17k3) And follows dumps to 16.4-16k
CRYPTO_GEM
Bitcoin price action froms rising channel pattern which is bearish .Currently trading on lower trendline (act as support). If it breaks downward. Then btc possible to go 15.6k area.(Where there is more than 20billion long get liquidated )
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