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Micah_CG
Nov 29, 2020 8:31 PM
BTC Need to Retrace
Short
COINBASE:BTCUSD
1D
Bitcoin / United States Dollar
Coinbase
Description
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Nov 29, 2020 8:31 PM
The recent sell off was due to a double top forming near the Bitcoin price all time high. From Fibonacci retracements in addition to BTC's historical corrections of around 30%. Targets ranging from 12k-15k seem appropriate.
Trend Analysis
Chart Patterns
Technical Indicators
Comments
Darenno1
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Nov 29, 2020 8:37 PM
It needs because you've sold your bags?
Micah_CG
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Nov 29, 2020 9:06 PM
@Darenno1
definitely haven’t sold any (I’m definitely long when we talk about big picture) but looking for some places to load up.
twennywann
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Nov 29, 2020 8:44 PM
Very true. Im shorting ETH from 559, will be double downin if BTC goes 18380 , which is a max(18434).
Its gonna be lovely week with a 230 ETH shorting to 370-400 s :)
And then buy Huge
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