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BTCUSDT weekly overview update

Por firmestudio
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If price action stay below 37.2k, we can see a downtrend in the next week. Price above, we can expect a right shoulder formation. I'm thinking is most probably a pullback to 40k after breakdown. Oscillators: Ehler's Even Better Synewave and Ehler's Smoothed Stochastic.
Nota
BTCUSDT reached peak of this cycle at 39k snapshot
Nota
Ehler's Fisher Transform oscillator shows trend reversal signal crossing on H1 chart snapshot
Nota
BTCUSDT showing a bull trap on this falling wedge in a double top formation peaking at 68.1% Fibonacci Retracement on H4 chart snapshot
Nota
Strong selling pressure show on Chaikin Oscillator w/ target at 34.5k projected in confluence w/ AB=CD pattern on weekly chart snapshot
CrabcrabpatternsFibonacciFibonacci RetracementHead and Shouldersheadandshouldersformationnecklinepullback
firmestudio
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