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Gdpredador
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this is a clear sign that we have made the ABC bearish, absorbed deep. now we should see a wave 3
$NEAR
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if bitcoin dips. altcoins must break bottom. this would invalidate the upward movement.
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false breakout or this time bitcoin seeks 86k?
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The last vandle of the daily is a bearish candle with low volume to the opposite side of the absorption camdle that closed positive. we can consider it a lack of interest in the sale. another point. Near prices are above the average for 200 periods of the week. which generally functions as a point of defense. $NEAR
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volume on the bullish candle makes me confident. $BTC
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In the previous post I released an analysis of what I understood to be this downward movement in bitcoin and why the next movement that should come should be upward. but the structure I classified as an accumulation. it could very well be a redistribution. however. This v-shaped movement makes me believe that it may come up through the emnos to breathe before continuing to fall. Another aspect is the demand region. which was not defended in the confirmation, although the price was consolidated over the region, it should have had a defense. which leads me to think that we may see a false breakout in the region. Another point is that so far the volume in downward movements is very small. which gives us to understand the lack of interest in the sale. $BTC
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