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NOTE: Don’t read these charts as super bearish — we’re in LT bull so we’re looking for buying opportunities — however, the edge is to more downside risk right now so it’s important to understand where be a high prob ST IT and LT buy points might emerge.
These charts GUARANTEE NOTHING — but if you want to trade long-term it would be important to consider these patterns of these market leaders as you evaluate your trading strategy. Never more important to have 99% confidence in your position – or wait for confirmed pattern entries.
NOTE: BTC chart shown below — notes from XMR chart apply to BTC too.