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This is the market move I expected.
A bottom pattern forms near the previous low.
At the neckline, it gets blocked and then trades sideways, consolidating and building strength for a breakout.
After a bounce,
it goes back into wide-range consolidation.
Last night it broke out of a channel pattern—I thought it was about to break higher.
Unfortunately, the structure shifted sideways and the setup failed.
Once again, wait patiently for a breakout signal to chase longs and engage in the contest.
😑🫤😐
#Eth