After bungling the suspected bull flags here and here, I think my instinct was right, but the structures involved larger than I was expecting. That said, the liquidation dumps we just got on both fell right into wave 2 ranges and formed better-looking bull wedges.
$BTC target:
And $ETH target:
[UPDATE]: Though a smidge short of the target range, since Bitcoin has rallied at one point 55% since the original post, I will file this under “Successful Calls.” Likewise, Ethereum rallied 44% from this post. I will now need to monitor the price action from here for a bit prior to making another call.
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2 thoughts on “$BTC and $ETH Dump Was the Sweet Spot, New Targets”