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Bitcoin
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MOMENT OF TRUTH FOR BITCOIN | BREAKOUT WITHIN 36H

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  • Bitcoin to breakout within 36H (12:00PM - 10th April UTC)
  • Expected downside breakout. Regardless of the direction, this will be a key zone where a breakout will occur
  • Note, ascending wedge has been adjusted from my previous post. Adjusted lines show that this pattern is still intact and is yet to be invalidated
  • Also note that leveraged longs are beginning to stack across all platforms. Leveraged longs are to be used as a inverse indicator; as longs stack, price falls


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1H Chart
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JayanVarsani
Also on:
Bitcoin (Cryptocurrency)breakoutChart PatternscontinuationCryptocurrencyreversalTrend AnalysisWedge

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Bitcoin (Cryptocurrency)breakoutChart PatternscontinuationCryptocurrencyreversalTrend AnalysisWedge
JayanVarsani
Also on:

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.