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3pushes

BTCPERP 1D is a 10% drop coming?Hello my beloved wolves of wall street, Today I found a flip zone base that dropped btc's price a lot (the first arrow on the left) , of course the reasons for bearish trend of btc was wyckoff,Interest rate, ect.. BUT that base also did a lot, anyway,I see a channel cycle that price is going to make it. Those 3 pink rectangles are our 3pushes for our channel cycle, I think when we return to that flip zone base price will drop a lot. So two things are giving us signals for drop: 1- 3 pushes pattern in channel cycle 2-returning to a flip zone base
BINANCE:BTCUSD.PShort
by IlyTPG
QQQ ~ Three Pushes to High A “three pushes to high” top often develops as a leading edge of a larger, longer topping formation. This scenario may be a reliable indicator of decreasing momentum. The way it typically forms is as follows: 1. The first push creates a new high outside the upper band. 2. The second push makes a new high and touches the upper band 3. The third push makes a new high, but within the upper band. ~As we review the QQQ, it has made the 3 consecutive steps. (This technical analysis was discovered by John Bollinger and was taken out from the Book "Bollinger on Bollinger Bands") There is also a head & shoulders formation (in blue). If we make a measured move from the neckline to the head. It is about a 8.4% move. Placing that move (in a red arrow), takes us to the 200sma. I will keep this post updated if any pattern has been negated or my views have changed.
NASDAQ:QQQShort
by dorfmanmaster
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