jalapablo

Big Bear Symmetrical Triangle

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COINBASE:BTCUSD   Bitcoin
Big symmetrical triangle forming with Bitcoin, which, as you all know, is a textbook continuation pattern. This, along with the basic Elliott wave correction count (which I already charted for both BTC and ETH and published) gives me bigger confidence to take up a short position from about 34 to 31-30K for now. But we will see what happens; BTC doesn't always behave. Safe trading to all!

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