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BitMagic
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The short order for Bitcoin opened last night was very timely, making a huge profit.
Yesterday, the long order gained more than 2000 points, which can be considered as both long and short orders being profitable.
Today I used moving averages to find points, played two rounds of short orders, and the profits are pretty good. Let's see if 96000 breaks down effectively, it might indicate a different market situation.
Hope it can hold on.
BTC-4.43%
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Bitcoin hit a new low last night
Last night's short position was quite profitable.
I drew a structure for everyone, the support of the trend line is around 96000. This kind of guiding wedge structure generally rebounds to initiate an upward trend. The long-term structure remains unchanged, which is influenced by the small level structure of wave 5, as the new low has not yet begun.
The position for bottom-fishing Bitcoin is within the range from 96000 to now, and a phased accumulation strategy can be adopted.
BTC-4.43%
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GoodLuckVIP888vip:
Quick, enter a position! 🚗
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Accurately predict the market trend again in the morning.
The drop last night was a three-wave decline starting from 107400. Today, everyone can buy more at 101700, but be careful with a light position in Ethereum.
They all went up by noon.
Hope to see a 5-wave upward movement, heading straight to 110,000.
ETH-1.56%
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Bitcoin accurately predicted the market again yesterday.
Short Bitcoin at 102000-103000 and then go long, which is also the predicted target for the drop made the day before yesterday. Although today's pullback is a bit deep, the drop consists of three waves from 117400, and I have already gone long around 101600 this morning.
The overall direction remains unchanged, and this wave structure should unfold into an upward 5-wave movement.
However, there have been frequent news updates lately, so this process may have some ups and downs. Therefore, at any time, when making trades, it is essent
BTC-4.43%
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Before reaching the high point of 1074000 again in the morning, the 5th wave was accurately predicted, and after the 5th wave completes, there will be a pullback.
Gave everyone two entry points, one for entering above 107000 and another for entering when it breaks below the moving average at 105800.
The 5-wave movement is bound to have a pullback. It is currently supported at the Fibonacci 0.5 level, around (105000).
It should continue to dip further, 102000-103000 is an ideal point for re-entering long positions, but after all, shorting is against the trend now, so everyone should still be pr
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