Descending wedge being formed on (Bitcoin) ~ Rejection from top

-Yurlo (Please HIT that like button for me) 👍

In the last 168 hours (12 hour candles x 14 bodies)
~ we've seen lower highs with rejection on each major body leading to a bigger candle to the downside.

~ each of these rejections being around rejection points,
which I feel we're very close to one in the few candles. (1 - 3)

Also strongly feel this descending wedge is just being formed & more ranging to go ~

Will provide updates on this post likely tomorrow & in coming days.

Cheers ❤️

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Looking for a long squeeze / liquidity hunt is coming candles.

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A look at the 4 hour chart (these candles are called heikin ashi)

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Hourly:

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15 Minute:

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Lastly 5 Minute:

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If this 12 hour candle goes red bulls are going to be sweating.

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Stoch RSI going EXACTLY as predicted back when I drew this on September 7th.

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Here's a look at ~ I believe we're going to see a bounce on (htf) which will lead to taking a hit with more sell pressure.

$DYX (american dollar) LOOKING FOR A BOUNCE ~ higher time frame

Note

A year after halving (2016 halving) ~ followed by 2017 pump. Then (2020 halving) followed by 2021 pump. In other words we aren’t going to ATH’s in 2020.

Few understand.

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Sell pressure is about pick up QUICK IMO ~

Enjoy your day everyone. No need to make a new TA until targets are hit.

Yurlo

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Yurlo

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