Well, that played out perfectly….
My exact target hit, as price broke out of the broadening wedge and then the triangle.
Now we’re experiencing lots of resistance between 47-48.8k. My guess is we’ll need to close multiple 4 hour candles above 50k to flip this into support.
Now we’re experiencing lots of resistance between 47-48.8k. My guess is we’ll need to close multiple 4 hour candles above 50k to flip this into support.
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