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RealMcafee
Jul 17, 2019 5:13 AM

Bitcoin laundromat  

Bitcoin / United States DollarCoinbase

Description

Time to write off some profits ;)

I'v been playing these bounces. Although it is possible we form some flag here and target much lower, I think this bounce may go farther. Let's see what happens when the price meets the 4h 20ma and 50ma here.

Bitcoin's a scam btw huehuehue

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We are channeling strong forces

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4h chart: multiple rejection at 50ma is strong bearish signal, even with support at 20ma

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Broke through 50ma!

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Continued support at this channel fib should see us move up (sideways not an option here imo)

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This area may be interesting for buyers. tbh I'm no longer so interested in crypto. but will keep an eye on bitcoin and eth

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So are buyers interested? Let's see

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Down we go

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4h 500ma providing support as predicted. will it hold? let's see where this goes... right now my bias is to the upside

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Price struggling to break 4h 20ma, not a chance of bullish until it does.

Trade closed: target reached

Target reached.
Comments
Raoul750
Where is my boat you such intellectual dude...
RealMcafee
@RaphJojo, what is boat? lol trading isn't intellectual...
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