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TRDr11
Oct 7, 2021 10:38 AM

BTC ready for last wave up? Wait for the dip to enter Long

Bitcoin / TetherUSBinance

Description

So BTC has been performing very well and remained strong last week despite stock market downside. Currently BTC invalidated dead cat bounce theory and the higher probability is now running to ATHs. So far the price range is a bit extended, it would be ideal scenario to wait for the dip into 50-45k with invalidation close below 45k for better risk reward scenario. In trending markets usually its hard to get a perfect dip or position so the buy area is a bit wider than usual because of expected frontrun. At this moment funding rates are rising, meaning people coming back to aping into leverage trading therefore we could see some leverage flushes again so be careful using leverage.
Comments
FlorianMN
I'm with you... stop loss on 43k... startin with lowly low 700 bugs, want to make big money :-D
Gathering bottles and deposit my funds... cleaning up the field from behind, we say in Germany... im comin' :'-D
BiTBingo
I agree that he didn 't pullback it and that it was dangerous ! He had to wait for the pullback .

Thank you for your angle.
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