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CRYPTO MECHANIC
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Would you be okay if
$BTC
does this?
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Low Cap Meme Coin With A Big Potential
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is it happening ? 👀 $BTC
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Crypto mechanic wrote a brief article telling you $BTC might get in trouble because this bull market price action is different from others. I hope you heard and safe 🤝
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Staying out of the market turned out to be a truly good decision for my account . I'm still not looking to do anything . My plan is to play a big swing based on high time-frames and high tf are not looking good at all. The rest of the week is going to play an important role going forward. $BTC hold below $59k-60k can turn out to be worse.
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There are two types of DCA (Dollar cost averaging ) strategy that traders use 1- DCA into something when it drops down to a key high timeframe zone. 2- DCA into a losing trade. The worst thing a trader does is DCA into a losing trade. Most of them do it because they just want a bounce from the price so that they can exit at break even. Try not to add into a losing trade unless you're too sure that you're doing it right. if your mindset is to get a bounce to exit at break even. you should better take that loss. Always Have an invalidation plan for your trade and just cut it once it's invalidated.
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