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mljones
Feb 28, 2020 2:55 PM

Downward move looking parabolic - short covering rally likely 

Bitcoin / TetherUSBinance

Description

This is where short term weak money is shorting on small time frames. It won't take much to trigger their stops and send it higher. I might scalp a little short after a rally but only intraday since at this point I am extremely bullish on all larger timeframes.

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