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TheTradarien
Jun 7, 2021 11:33 PM

Risk of More Downside in Cryptos Short

Cardano / US DollarBinance

Description

This correlated move in the last few hours is a bit of a worry. That wedge on the 4hr charts was seen across many cryptos. A break lower can often see momentum and selling volume pick up.

If you are a buyer of dips, it might be better to keep the powder dry for a little while.
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