$BTC
- Pumped right into the daily close.
- Broke micro range and buttkissed previous resistance, now potentially support.
Looking bullish.pic.twitter.com/p1KjPAif68
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$BTC Update - Potential SFP/fakeout - Whenever price fakes out of a range, it tends to travel to the other side of it. - Bullish as long as the range support (~8120) holds.pic.twitter.com/7AM4OXNnWI
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$BTC Update
- As expected, price tested the other side of the range after faking out above resistance
- Range support holding for now.
- Still Bullish.
- Bias flips on a clean close below the previous swing low.pic.twitter.com/tS3gUgw8os
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$BTC Update Range finally broken to the downside. Finding support for now at previous resistance. I doubt this move ends here given the length of the consolidation. Closing this thread now and will start the next one tomorrow.pic.twitter.com/Lqu3LfKqE7
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End of conversation
New conversation -
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So keen to see how this weekly close goes
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Is this channel similar to a quasimodo to shakeout longs and shorts? Ie instead of new high, new low, higher high, lower low, it ends with lower low, higher high then climbs? Not sure if there is a name for it but similar to quasimodo in principle
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Falling wedge
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