Hi guys !
Quick pips on the BTC. Price is in a channel since the quick spike from 6000ish $
Obviously they are going to at least fakeout a trendline break before dropping price again towards 5500$.
We should be looking for:
Something like a channel fakeout low: the current forming M pattern should turn into a failed reversal. Not sure if it will go back as far as 10k$ but possible.
Top 3 purple lines are areas where they should setup traps to go low, this process will take a while and play a lot on 'emotions'; be careful but mostly be patient 😇😘
You can go long on the short term and take partial profit around purple lines but mostly stay alert as they are drawing the next pattern.
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Much love
Cédric
Tatch Capital Limited
[TCN]: Tatch Convertible Note (aka TatchCoin)
https://tatchcapital.com/token.html
[EUR/TCN]
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GuldenTrader
GuldenBites
All disclaimers and common sense apply.
No advise, just personal commentary.
"Never go full retard".