MysteriousPersian

ascending triangle breakout

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COINBASE:BTCUSD   Bitcoin
Breakout from pattern as predicted. Still bearish here. The pattern was bullish short term but I believe that breakout was the complete extent of it. As a result Bitfinex shorts have collapsed fast klately and in opposition Longs have taken the lead. If you check their respective graphs you can see that their approaching dangerous levels of greed (for longs) and fear (for shorts) which means the bear trend is most likely soon to continue
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