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RE: The Two Stars of the Day

in #eos6 years ago (edited)

My sir @cryptographic, We believe that Bitcoin is trading in a large range of $6,075.04 to $12,172.43. The strategy to trade such a large range is to buy near the bottom and sell close to the top. So, we have been waiting to buy on a sharp dip below $7,000, as close to the bottom of the range as possible, so that our risk is less. If the $6,075.04 level breaks, the digital currency can fall to $5,450 levels.

1d58075c1060e12fc67cfbead84efd8f.png

The BTC/USD pair is presently facing resistance at the downtrend line. Even if this level is crossed, it will again face resistance close to the 20-day EMA. Once this level is crossed, a move to the 50-day SMA is possible.
We retain our preference to buy on a sharp dip but only after the fall is arrested. Therefore, we suggest waiting for a couple of days to get better clarity.

Sir please let me know if your original information-based link is needed, I have kept the whole link and all the files are protected by me Please tell me if you need it.

Have a great day sir.

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