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Gdpredador
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decisive moment for
bitcoin
. if you lose this fund. It's not good to stay in position... if you manage to break the last top. the bulls will return to push the price higher. but you need to break above the blank region.
$BTC
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Unfortunately, the buyer is unable to hold the price and has given up the position. I remain optimistic, however, suffering some losses. but I accomplished nothing. Even more so with a cut in interest rates tomorrow, this could cheer up the markets. we may see the price climb again. I will only make a loss if the currencies lose the low of the downward movement. My technical stop is expensive. But it's protected, I'm still bought, I'm not bought anymore. but I didn't give up on any single position. support for the price of bitcoin is at $103,000, although there is resistance there at $104,300. If it goes beyond these price levels we could see the price of bitcoin sink to somewhere between $101,000 and $102,000k
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Now it's become dangerous, fighting area. made an important breakout with a lot of volume on the bearish candle .if the buyer can't hold on. dip it into $103k
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the market cannot close below this line that I marked. this is where the buyer is positioned. You can only see closings below at 15 and 5 but the market goes through and returns immediately. then it becomes a pavilion in the larger fractals. These pavilions that cross the region could simply be the bear trap that sells the least. the market comes back and leaves him lokc in stuck in the sell position. at a minimum in a region where the price will probably never return. $BTC
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The majority will criticize me, because I'm saying something against the majority's conviction. but most lose money. I could be wrong and the market could fall. I'm flawed and I don't get them all right either. But for me this is a purchase, where is the seller's continuity? It only has a pavilion. It's shortening the bottom. Only a fool doesn't see it after looking at this photo. $BTC bullish
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something important to mention. all indicators and analyzes indicate increases in altcoins mainly. Bitcoin should rise a little, not much, but we are in a high region and we are in the hands of the buyer of $106k, if he thinks it is expensive to hold the position and decides to give up his position, the market may plunge and it will not give time to notify. So have a well-placed technical stop. the technical stop is below the low of the downward movement in the absorption region. If the price returns within the accumulation region, the top may rise to the low of the trap. as prices should no longer go back there. Here's a tip. behind those pavilions. It's salty, I know. but it's the technical point at the moment then adjust.
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