BTCUSD
- BTC. is shown above trending between previous triangle breakouts + ascending channels mixed in with a few wedges.
If the cup doesn't form, don't drink the water.
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The pattern slipped out but the lows get higher..... waiting for trend reversal, look for a jump back into the pattern area before the curve....If not, abort mission.
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We waited for the reversal, it happened.... BTC doing what she does and jumped right back into the pattern.... Wouldn't be surprised if she reaches the target ahead of schedule.
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This is going to be a very slow and steady grind up.... Idea still in play, just add an additional 45 days from the original completion date. The cup gets bigger.
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Turning this ship takes time, but as you can see above.... We are turning.
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We turned.... And now really making a rally towards our target.... Better late than never.
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Took a little longer than originally expected but we did make it.... A true recovery leading into PD + new ATH's
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As we sit on this multi month trend line what do you think happens from here?
The cup is still in formation.