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BTCUSD Inception day 13-14-2020, Start of the week forecast

Short
BITSTAMP:BTCUSD   Bitcoin
Greetings fellow traders,

As time goes by, the markets evolve...
If your way of TA is strong, then the path will lead its way...

More visible, more probable:
  • Dashed lines; Possible forming patterns
  • Solid lines; Confirmed patterns / Support or Resistance
  • Dotted lines; Possible price-action trajectories / wave trend
  • Lighten colors = Support | Darken colors = Resistance

    Current Pattern Formation Level:
  • Alpha pattern: Symmetrical Triangle -> Bullish Pennant
  • Beta pattern: Descending Broadening Wedge
  • Echo Pattern: Rising Broadening Wedge

Today's Note:
Quick update. If candles keep closing below the support of the BEAR FLAG then bearish continuation is highly probable, perhaps retrace to golden number. Otherwise retest of the resistance.

To be concluded...


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