Long

Updated

Beginning of a new era

Need to defend 7k levels, then we will rush to test 8.5k and possibly 10k levels

inverted daily charts with fractal I showed earlier. We might be in similar position

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Bulls need to push this daily candle above daily bearish cloud

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smells like a triangle

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bear channel with possible bull at the bottom

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I still see this crab as a bearish possibility. This right channel might be forming a bear flag to make a bearish right leg of crab later. Im neutral at this point until some important level will be taken out properly like 6k or 7k

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looks dead to me. Target probably 3-4k

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Bear flag I was talking about with crab chart earlier broke down and it looks like this now

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Possible short term bounce on 4hr divergence

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wow sry guys this bounce didnt happen. Seems its crashing on this wave straight to 4500-4700 level on finex. Think there should get some proper bounce as many fibs, trendlines points to that levels

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It looks similar to earlier drop in structures so using a fractal, EW and crab harmonic further drop could look like this with target around 3k for 5th wave. Might get uglier on capitulation to lowe levels for short time before it bounce

Here is closer look. Daily RSI is very low so 4th wave might develop higher to reset some indicators and than continue the crash on 5th wave

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Here is pretty much similar structure. As long as it follows it there is no reason to not looking into it

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Short term fractal I follow. Bitcoin bears might need some break before december capitulation

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so far so good

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4hr bearish harmonic

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If this up bigger wave is almost complete then we could see something like this

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Starting to think we might be doing something like this with triangle-consolidation as a 4th wave so 5th could be still in progress

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Fractal did something similar in the past

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Bear won for now but is this correction over, I dont think so. If this is bearish setup for bigger drops I believe trap isnt done yet

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might be forming a triangle

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wedge seems complete, we might start retrace to 4300 now

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Support didnt hold unfortunately. Looks like a possible crab now with target around ~3k

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target in progress

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bounce here might lead this to form ending diagonal with our primal target around ~3k

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alternatevely we could be still going south with this descending broadening wedge with bounce as a 4th wave

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Ending diagonal on chart, triangle on 4hr RSI. Maybe one more bounce and fall

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Triangle of death forming

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Bulls party today but are they strong enough to take this resistance before visiting 3k critical level? Possible paths

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Bulls came back but for how long? Right now under heavy resistance with retrace sponsored by bearish anti-crab or cipher-like pattern

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Here is my plan right now. Not too much bull hopium until we break from this descending channel.Possible long around 3500-3600 levels. GL guys

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We've got another wave up. Seems wave V of Elliot wasnt finished. This may get to 4200-300 on finex. Harmonic pattern will still be executed after this bullrun exhaustion

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Harmonic proportions are close to a shark pattern formation, bear divs all over the place. Waves finishing their elliot structures. Also this resistance trendline around this levels. Looks like a nice drop setup. I would be surprised if it managed to climb higher than this right now

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This

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sry for this triple posting. Want you to see the beginnning of resistance line from the left

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There is a possibility bulls painting this bull pattern for further correction up

DeadSerious

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DeadSerious