Learning TA. This is my first published idea. Comments or criticisms are welcome. I published this idea with the intent to learn from others.
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Wave 3 is still within the channel, but climbing slower than expected. I will remain in this trade, unless it drops below .00033500. If it drops that low, A head and shoulders pattern will have emerged, and will be time to exit. We should know, within the next 4-5 hours, how this will play out.
There appears to be an ascending triangle forming as volume is decreasing. The upper target remains on track, measuring the widest part of the triangle.
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Currently, the bears are in control. Trade stopped, but I'll continue to watch this one.
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It seems buying support as resumed after BTC's morning run, so I've regained confidence in my analysis. I'm back in.