We're almost there in this falling wedge structure.
The final leg will soon materialize imho, the rising longs, and decreasing shorts are signalling that, then also the three drive pattern of a falling wedge, correction C was not here yet.
Then also the 4h stoch RSI on overbought again.
High probability trade, however, there is a chance of 10-20% that BTC will suprise us with a weird move.
But still, I am expecting something like this for the coming days.
Good luck and merry profit !
The final leg will soon materialize imho, the rising longs, and decreasing shorts are signalling that, then also the three drive pattern of a falling wedge, correction C was not here yet.
Then also the 4h stoch RSI on overbought again.
High probability trade, however, there is a chance of 10-20% that BTC will suprise us with a weird move.
But still, I am expecting something like this for the coming days.
Good luck and merry profit !
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Ok, the B can almost not be seen hehe XD sorry !
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It went kinda sideways through the res, but I'm skeptical that this really signals a move upwards.
Looks like a fake breakout, such weak volume:
It might just go sideways for a while and then still dump to 3k.
Looks like a fake breakout, such weak volume:
It might just go sideways for a while and then still dump to 3k.
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Well, that is what I said with probabilities. The surprise move came :) short trade cancelled. I am opening longs. Looks like a good upmove which could now last days to Weeks.
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Target for this whole move in the coming Weeks: 4500-5500. Somewhere in that Region. Then the final dump wave of this Market will commence, down to 2k Plusminus a few hundred.