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Reason why we will bounce 120-130K EASY
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I really want to see #BTC closing the daily above 96k to confirm bullish momentum for the short term. Two resistance zones ahead, 94,5k and 96k. As long we did not regain with daily close we can expect sideway movement and even once again towards 89k or even some wicks lower. For that, keep the long orders in the regions of 87-89k open, even though orders at 89k region got filled today. We accumulate longs, and never go all in, into a position. If however market allows to regain the mentioned region of 96k, I would focus on risk management instead and place stop loss towards the entry! I played my turn, now I await the decision of BTC before taking my next step. The long from 89k is already in profit and well played, Trading is like playing chess against the market. Sometimes its really fun, especially when its moving sideway like this.
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Cycle is not over. Correction from Trump win. Tons of leverage and options that need cleansing. Pigeon do nothing. Trump in office in a week. Stay bullish. 160k
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If you sell your alts now, you donât deserve the success.
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Altcoins are dumping hard today. Weak hands continue to get shaken out. Weak hands are almost fully shaken out. Downside liquidity is about to be taken. Retail is gone. Funding rates are negative. It's time to move up soon again.
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