Adam and Eve pattern with target of 1.618-2, trend also inside of ascending channel. Good luck and happy trading. For more check out my signature with on my profile.
-TheTrex
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Very likely we seem small handle forming on this Eve Cup. Would be a double confirmation. The handle often retraces 1/3 of the Cup height but considering current trend pullback could be minimal. Buying at 3800-3900 seems like a good entry if not already bought.
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BTC is at our target entry of 3800-3900 stated in the update! Although very quick dump which doesn't look the best, patience and careful observation is best for next couple of days to see how this will resolve.
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Bitcoin failed to go lower and is holding on the 61.8% support line and nearing curved support trend. Looks like a good entry based on R:R for some up movement.
@SpiryXBT, Nothing failed lol. I posted updated before BTC dropped from 4000+ to the 3800-3900 support zone.
SpawnyXBT
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@TheTrex, And it looks failed :) exactly. You posted update BEFORE it dropped. You dreamt of 4.5k - 5k , and it failed to break resistance 4th time in this range. Keep dreaming moonboi.
TheTrex
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@SpiryXBT, Mate I don't even hold crypto. I'm not a "moon boi" please do your own analysis.