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ManishPrakash
Mar 4, 2018 11:24 AM

Closing short close to 11k 

Bitcoin / DollarBitfinex

Description

Wave1 top was almost touching 11k, wave4 can't go below wave1.

Also price already got rejected hard two times around 11k region.

I feel its better to close the short a small profit and be neutral.

Will evaluate further based on price action, but overall trend is bullish to better not to short.

Risk is not worth it.
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