Updated

Bitcoin and the triangle pattern

Price is moving with in the range, previous trading day, price tried to break the upper range but got forcefully rejected and found support at the bottom of the pattern, on or before May 12th, some action is expected

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Note

light blue weekly levels
green day levels, price opened below the day inside bar range, need lots of power to break it, but, in TA everything works 70/80% time, that's why it is not mathematics

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this weekly chart is also imp.

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Quarterly

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closing this idea

omvats1

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omvats1