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Here's a little alpha for those of you willing to learn
This is how I was pretty certain we'd pump from 8.8 level
It's an old school pattern that appears on low time frames within a bigger bullish consolidation
It's a pattern you never ever short. Remember that.
This is how I was pretty certain we'd pump from 8.8 level
It's an old school pattern that appears on low time frames within a bigger bullish consolidation
It's a pattern you never ever short. Remember that.
It looks like a ltf head and shoulders that appears within a broader bullish consolidation. It wicks low below the neck, reclaims, and never breaks down. traditionally it is called a fulcrum and only appears on macro tf but it shows up micro on btc from time to time in uptrends
Here's an example from January 2020 when it pulled back from the first 9k tap. mini h&s at the bottom of a bullish wedge. wicks low, reclaims, then pumps 13% before further significant consolidation.
Remember this. and never short this. good luck.
Remember this. and never short this. good luck.
a bit inconsistent to not form a right shoulder before upside expansion but I'll take it! I'm honestly just happy to add another example of this pattern to the thread.
