
goldenappleforsale20
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goldenappleforsale20

BTC up until this point had been in a some what range on the 4hr chart. As can clearly be seen, price has now had a decisive breakout while also forming supply at the breakout point. If all things remain equal, price should have a sell off as soon as we get back to the zone. Will keep posted.

goldenappleforsale20

As I had stated in my previous idea post, there was a possibility for eth price to drop. Now price has had a decisive push towards the downside creating supply. This also with the fact that we had a bearish breakout of a triangle pattern, the odds are quite likely that if price is to pull back to this supply we will see a major drop in price. One may enter the trade as soon as price comes back to the supply zone. In my humble opinion, just by the mere fact price has broken out a quite MAJOR traingle pattern, price will most likely go down even if we don't get a pullback to the supply

goldenappleforsale20

Eth and BTC have already started a newly formed down trend(which I discussed in my last idea) on the 4hr and the trend goes on. But of the last couple of weeks, price had been in a triangle pattern that had a strong possibility of being bearish. It was. Price has broken out, done another smaller consolidation towards the downside then broken out again. While this trade doesn't have a specific target in mind, it has the potential to make a very strong bearish move. Will keep posted...
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