3Day time frame
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Bitdao takes almost 1year to create a potential inversed head and shoulders.
Trade with the downtrend getting breakout, and targets as marked.
Final target is 1.0350
It is expected to find support around 23,000 and then begin to rebound!
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INDEX:BTCUSD
BYBIT:BITUSDT.P
4H time frame
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According to Elliot impulse wave, BIT is on the path of 5th wave.
Take entry from 0.47~0.48
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TP: 0.61
SL can be triggered if uptrend is broken.
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Everything on the chart.
i expect fall from current price or through ~0.46 coz we have strong divergence almost on all TF from 1H to 12H.
Entry: market and higher
Target: 0.37 - 0.35 - 0.33
after first target reached move ur stop in...
