Bitcoin Falling Broadening Wedge for PHEMEX:BTCUSD by IDDTrading

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HELLO DEAR TRADER

Bitcoin had a Nice correction so far and Shakeout from the Big long positions with high leverage.

Here in my chart you can see some indicators which also speak for the fact that we will get a reversal. Only the question is from the support box or right now. We have a very large CME GAP from 57400$ to 61300$ and we will get that sooner or later. The MA RIBBONS are touched in EVERY bull market even in the WEEKLY CHART and we haven't had that yet so that should be a very Bullish sign if we test it closely at around 45000$ give or take 500$, 2017-2018 we tested it very often and 2013-2014 too. And the reversal will be very strong then. I always say DONT PANIC SELL :-) The Whale and big investors will buy everything from you :-)
I will build me a X3 long position already.

Now all can thank JOE BIDEN for this DUMP :-)

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