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I have marked the pattern repetition in the two boxes, let's see how it plays out.
4
There are many patterns in BTC candle formations that appear to repeat. I believe this is due to bots and algorithms and the minor fluctuations are down to the buys and sells of humans.
2
The patter from the earlier drop is repeating
3
Maximum and minimum prices Price direction changes Support / Resistance levels Channel midway line Use the diagonal lines as a guide for future maximum and minimum prices Use the horizontal lines for resistance / support levels Use the channel midway line for long / short position decisions
2
With possible areas of support and an idea of a bounce path
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