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RE: The unexpected crimson candles

in #steem6 years ago

I think that it's just a bunch of stop-loss and take-profit marks triggeted. Even I try spread out my buys, even though I'm super excited about increasing my Steem Power.
Half of the movement is probably due this.

https://www.investopedia.com/terms/s/shortsqueeze.asp

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I'm sure you are correct, there is no other reasonable explanation :)

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