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Bitcoin / TetherUS
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BTC/USDT

250
wow I honestly did not think we would breakdown like this, the hourly 200ma breaking down was the confirmation, then we lost the 2h and now the 3h is trying to hold, failing to do so will mean coming down to the 4h 200MA

GL
Note
snapshot I have removed the green diagonal support line because it is now irrelevant and I have identified a descending broadening wedge pattern which is the white lines, and a bullish reversal pattern!
lets see if we can reclaim the 3h 200MA
Note
snapshot we come up to the descending broadening wedge pattern and got rejected, I am tracking between the 3h and 4h 200MA but I am expecting a nice reversal a the green support line between the two!
UnknownUnicorn22804749
Beyond Technical AnalysisChart PatternsTrend Analysis

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Beyond Technical AnalysisChart PatternsTrend Analysis
UnknownUnicorn22804749

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.