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As mentioned in the subscriber update, this drop has no support at all.


It’s basically heading straight for a new low.
‼️But I think a straight drop to a new low is less likely than a rebound before another drop to a new low, which would be more profitable!
🔔My plan from here:
Close all Bitcoin 62000 and Ethereum 1700 short positions first! 🔔Wait for the market to stop falling and a bullish signal to appear.
A break above the 3-minute moving average or the 15-minute MACD turning green.
First, take the rebound and squeeze out a batch of shorts as bearish positions build up, then resume shorting at a higher high!
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Comment 1
GasSniffer
Using the 3-minute moving average as a signal? All that back-and-forth trading will eat you alive in slippage