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Bitcoin
Short
Updated

BTCUSD

112
BTCUSD is at a critical area in which I see lower pricing being the outcome. The $44090.00 should be the first target if we see lower pricing, and $28700.00 being the second target. $64900 is the area that will neutralize this idea.
Note
First target ($44090) hit, scaled out 60% of my positions. I see more selling pressure coming in to get down into $40290.00
Note
Took 30% profit off the table, will slowly scale out the 10% I have on this trade. Target 2 is been hit.
Bitcoin has lost half its value now, from 64K to $32k.
Selling pressure may continue to 25K otherwise I am neutral on it, will manage my last 10%
Anele_888
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Beyond Technical AnalysisChart Patterns

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Beyond Technical AnalysisChart Patterns
Anele_888
Also on:

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.