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Nice reaction there on
$RNDR
from the support zone.
The structure remains bullish
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CRYPTO MECHANIC
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Follower's requested chart: $RNDR
Sitting at the key support area.
Price needs to show some strength here if there is more upside due. As long as it's holding above this you can continue to be bullish on RNDR,
Break and hold above $9.9 will invalidate the bullish structure and you can expect more downside.
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I'm an unbiased person,i trade charts if i see charts are bullish i get bullish and if i see bearish chart i get bearish. This is where people fail they are married to their bias and keep losing money.
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Any Bulls?
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Update on Weekly $BTC chart where i marked a potential lower high on weekly chart. Price is at range lows , well technically there is no change on the weekly chart as it's still within the range. Will have to give some time to weekly chart now as i do not like to be bearish at key zone, Just in case if weekly chart drops and hold under $60k, Bulls will be in serious trouble.
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looking at the $BTC daily chart i think Bitcoin is due for a bounce. $59200 -60800 zone is the range low this area can provide at least a relief bounce imo.
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$BTC Price dropped below $65900 and failed to bounce back above it. This move was expected as I posted it last week. once price breaks a key level you simply change your bias unless it's a failed break.
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