wRa600606
@t_wRa600606
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wRa600606
There is an inverse head and shoulder pattern in formation that has been playing out since the last ATH approx ($73.6k) on Mar 13, left shoulder formed gallantly at ( approx $59.8k) head formed perfectly at ( approx $56k) and right shoulder leap off right at approx ($60k), although the right shoulder hasn’t consolidated that much within approx($60k - 73K) since it immediately bounce off $60k of the its shoulder (there is still possibility it comes down to approx 60k to establish a strong right shoulder (but not lesser!!) BUT YOU SHOULD WATCH THE PERFECT ELLIOT IMPULSE WAVE ALSO FORMED BY THE RIGHT SHOULDER AS IT BOUNCES OFF $60k, THE ELLIOT IMPULSE WAVE FORMED PERFECTLY RESPECTING THE BOUNDARIES OF (1,2,3,4) and the 5th wave can send BTC breaking the previous ATH of March 13 ( approx $73.6k) to a new ATH of ( approx $80k)
wRa600606
The Descending triangle has been broken meaning a short. By the way an inverted head and shoulder pattern is about to form, the price just needs to drop to the 22800 support play around and then the Inverted Head and Shoulder is formed. Then we look for a long breakout and long.TRADE RESPONSIBLY
wRa600606
Cup and handle pattern which signals a dump. Trade responsibly.
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