Nice breakout. We should retest that resistance and bounce. Target clearly marked. See if you can spot the hidden bear (its not that hidden). A good trader must look at both cases.
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Follow me on twitter & share this chart to help others for more. I dont look at stupid shapes - i try and asses the chart and trade safely. Best of luck.
Sorry ignore the last comment ... here is the correct link. This is the bearish wyckoff case. We watch we learn, we chart.
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4hr and 6 hr charts are turning into utter rubbish. We needed to break that 15.2 level and hold it. 50MA and 200 MA are now moving away from each other signalling incoming bears. Ichi tends to agree. 12 - 36 hrs will see a downward pressure in bitcoin. Lets hope the new channel bottom holds. Here is the 4 hour
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I am still thinking this weekly closes a doji and the next week is red.
Trade attivo
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Overall long target hit. (hit play to watch). I expect a retracement now after maybe a retest.
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Maybe:
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Daily - this is a low volume push still. If we do retest highs - i expect a massive sell off again.
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Here comes massive sell off. We are officially now in a bear market. until 50 & 200 MA cross again - we stay bear