The chart focuses on the 2H ATR trend line. Bitcoin was in a 2H uptrend. The trend weakened and corrected in a 2H pattern. Now it seems to be resuming.
The position is ripe for a short with a reasonable stop-loss, at your own risk. If you cannot take the loss, do not enter!
This is a true trend following setup. No targets are possible. Stops are somewhere above the ATR line.
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