Bitcoin

Globally, we are moving in a correctional formation. This is a down trend channel and we are above the midline of this channel
Also we near support line (white)
Look at chart

Locally - we form a potential left shoulder. Inverted Head and shoulders pattern.

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In H1 chart we forming falling wedge

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We have symmetrical triangle

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Let's see where this triangle breaks

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Long positions in Bitfinex is growing

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Shorts also growing

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Touch support line

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Touched midle line of downtrend channel