Another way of looking at it, Inverse head and shoulders upwards
Komen:
BTC should start climbing in the next hour or so for about 8 hours .
Komen:
But the 12 hour and 4 hour candles will drop one more candle in 150 mins time which can be challenging . We need to see BTC over 10430 for confirmation of movement up
Komen:
n,BTC needs to get past that resistance at 10407 - seems to be having problems at this spot
Komen:
one more dump in 50 mins then 8 hours of upwards movement
Komen:
this next dump in 50 should be the last big dump for a while
Komen:
more Possibilities
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Komen:
last dump for a while in progress
Komen:
dump out of the way hopefully for the next 8 hours and BTC can now try for 106xx
Komen:
Any Bull traps would be set at 106xx - but the road to 106xx looks clear currently.
So we could be looking at a BTC drop past 8k. I could also be 'fudding' but that 12hour MACD cross usually results in a fall spread out over several days.