We have strong bearish context after 100k was almost met on falling volume.
Now we have strong confirmation when price bounced from 3rd waring line of a downsloping Pitchfork and in the same time zoomed and retested Reaction line from upsloping Action-Reaction set. These bounces were not 100% accurate but left a gap instead, that is even more bearish.
Stop is placed on major high (ATH). Not behind it - in order to avoid slippage.
We are targeting to the center of last major buyers accumulation
Now we have strong confirmation when price bounced from 3rd waring line of a downsloping Pitchfork and in the same time zoomed and retested Reaction line from upsloping Action-Reaction set. These bounces were not 100% accurate but left a gap instead, that is even more bearish.
Stop is placed on major high (ATH). Not behind it - in order to avoid slippage.
We are targeting to the center of last major buyers accumulation
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