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Vagabond1193
@bapbungbia
The downtrend for Bitcoin H4 has continued as the price has just established a new low. Lowering top and bottom structure + downward sloping price channel confirms the downtrend. However, at the present time, the falling wedge structure has formed, and this is a reversal chart pattern from decreasing to increasing. At the same time, the price action also creates a bullish Wolfe Wave pattern - when there is a 5th touch point. With such a chart structure and price behavior, Bitcoin H4 is likely to have a pullback or more. Because the downtrend is the main one, Bitcoin H4 is still inclined to wait to sell down from the resistance PPZ above. The idea of ​​buying will be activated when the price is pushed higher, absorbing all the previous price push down. At that time, you can catch a retest later to buy.
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