Short

Time to short BTC

Updated

We're approaching the key level of 5k$ which should act as resistance. Plus we can see that wave-5 is forming some kind of ending diagonal so that's a good sign of exhaustion. I think it's a good time to take your profits and short bitcoin.

Trade active

Looking good. We broke the neck of the head and shoulders so I'm pretty confident we'll hit the target. You can see the timing here, low should be hit between 1/3 and 1/2 of the ending diagonal period :

CoinGnosis

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