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RE: BTC Fib retracements & more

in #trading7 years ago

Okay, things are looking very technical, which is good as it's an indication that professionals are involved, and volume confirmation is positive as well.

We got through the first opposing short, and now have a new long setup (entry at 3730ish) with full rainbow MA support within the larger hourly long, both targeting above the 61.8 of the next opposing short, but, and this is a big but, that's also the 50% level for the daily opposing short. We'll need to follow this closely!

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