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INVERSE HEAD AND SHOULDERS#Write2Earn! $BTC Thepatterncanberecognizedwhenanasset# pricefallstoalow,thenrises,thenfallsbelowthe recentleadinglow,thenrisesagain.Finally,the pricegoesdownbutnotasdeeplyastheprevious time.Oncethelastlowisreached,thepriceaction movestowardstheresistancelevelandbreaks through.
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FUTURE (LONG) š BTC/USDT š šµEnter Price: Limit 1 : 94000.Ā Ā 2% Limit 2 : 87000.Ā Ā 2% Leverage 10x 12x šTargets Target 1 - 95000 Target 2 - 96000 Target 3 - 97000 Target 4 - 98000 Target 5 - 99000 Target 6 - 100K+š„ SL -Ā 85000 #Write2Earn! $BTC
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FALLING WEDGE ThefallingwedgepatternisaBULLSIHpatternthat startswideatthetopandcontinuestocontractas pricesfall.Aswithascendingwedges,trading descendingwedgesisoneofthemostdifficult chart patternstotrade.Afallingwedgepatternsignalsa continuationorreversaldependingontheprevailing trend.However, inmost casesthepatternindicates areversal.Intermsofappearance,thesetupis widestatthetopandgetsnarrowerasitmoves down,withtighterpriceaction.#Write2Earn!
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Theprerequisiteforadoublebottommodel isasignificantLOWERtrendwhichhas continued.Thefirsttroughortroughinthe trendshouldbethelowestpointofthe currentdowntrend.Thefirsttroughis followedbya10-20%advanceand, sometimes,aprolongedpeak.
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Acupandhandlepatternoccurswhentheunderlying assetformsagraphthatlookslikeaU-shapedcup, andahandlerepresentedbyaslightdowntrendafter thecup. Theshapeformswhenthereisadownwardprice wave,whichisthenfollowedbyaperiodof stabilization,againfollowedbyarallyofaboutthe samesizeastheprevioustrend.Thispriceactionis whatformstheidentifyingformofthemugandthe handle.#Write2Earn! #BTCā
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