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sayedhfatimi

$BTC trading range tightening, volatile break before end of week

Long
Bitcoin (COINBASE:BTCUSD)  
sayedhfatimi  
COINBASE:BTCUSD   Bitcoin
Fibonacci Wedge Support and Resistance
4
0
fibonacci wedgepattern supportandresistance
trading range beginning to tighten, fully retraced to 0.618 fib from the massive ~40% pump, also finding support on 50DMA and Weekly eMA ribbon, and price congestion zone as shown from VPVR, resistance from 200DMA, 100DMA and 21DeMA above, candle pattern appears bearish, but on weak volume, sign of weakness from bears IMO, this can also be seen in the multiple timeframe bullish divergences on RSI

Idee correlate

sayedhfatimi
stark similarities of a previous bottoming pattern
sayedhfatimi
drop below 7k highly improbable
sayedhfatimi
$BTC in Wave 5,top of channel target ~$364k
sayedhfatimi
Have you ever seen a more bullish chart?
sayedhfatimi
Consolidating the gains
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