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BTC price prediction - 10/01-10/04

167
Well we're in this tightening range near the center of the sideways channel. Not much going on. RSI neutral. Moving averages leveling out. Wouldn't be surprised if we see a stop hunt toward that low around 6460 followed by an impulse wave back up to resistance. I don't see it going bellow 6400 at this stage. Trendline magnet is now lower in the 6800 range.
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fuck crypto yall! I'm trading penny stocks. jk or not... =-)
Seriously considering other markets for a while. especially because the inability to sell short in the US penny stocks seem like an intriguing option. I've traded stocks before mostly momentum/swing. But not much in the realm of penny stocks.But the ability to sell would be a major bonus I'm currently lacking. Also I have a much higher success rate shorts v longs.
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Or I could learn to long better... in a bear market... I guess that's a skill too. =-)
Man feeling frustrated. I was using 1fox and now this bs happens. Also did you see that bounce. Right down to the support level I mentioned. That's what you call precision. lol
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Just started reading: Trading Price Action Trading Ranges: Technical Analysis of Price Charts Bar by Bar for the Serious Trader
A book written by a trader for traders. So far I'm impressed with it (rare for a trading book these days.)

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