With already reversing toward 61% Fibo ( 0.057-0.199) its supposed to reverse from here to target higher 0.10 is also the broken historical resistance became support , and price will target 0.286
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This one is enough here .......... small profit achieved
Bought at 0.17, now bitcoin have raised up qnd Mith didnt followed yet, what its the best to do now? Wait more It to recover? Try to buy more now and makes a medium price? Or think It will down over 0.09 and try the next support...
Btcstburhanozgur6
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Thanks Sr
Next Target 0.28 ??
KarimMohsen
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wow we have the same view :D
Nashwan
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@KarimMohsen, yes karim accept that i dont want it to close at the current levels
I'm new to trading and just trying to understand the reasoning that goes into reading charts.
When you replied to @KarimMohsen that you wanted the daily close to be higher than 0.10534, did you mean that a higher daily close sends a more bullish signal? Would a lower daily candle closing have made 0.10 less likely to hold?
Nashwan
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@ONE800GOTDETH, Yes bro as long as daily close above 0.10 it will remain bullish