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MATIC 20X
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Reason Why 85% Are Loosing
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Binance - BTC Market
#WLD - Unusual activity
👀10.03 BTC in 14 minutes (11%)
P: 0.00007464 ❇️ (1.47%)
24H Vol: 101 BTC
Last alert: 3 days ago (1/7D)
Fri 28 Jul - Daily Levels Summary

Covering:

- BTC
- ES
- Why markets reverse (liquidity)
- Why time matters in a trend (waves)
- The sheep have short memories (green candle amnesia)
- Why the 95% always lose (universal concept)
- US Dollar (DXY)
- Price leads narrative
- Can BTC Go to $22k

And more!

Watch Video At : https://t.me/+rDfBANfBiqBhYTQ1
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Forwarded from Mikybull🐂Crypto
Whats Your Opnions On Market
Anonymous Poll
52%
Bullish !!!!!!!
48%
Bearis !!!!!!!
Core PCE Price Index m/m
0.2% exp 0.2%

Employment Cost Index q/q
1.0% exp 1.1%
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#BCH

Ready for breakout or breakdown!
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High Volume !

W Pattern Got In Play [ Reverse Of Double Top ]

Nice Scalp If You Taken Long !

I am still Beariss
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If dumb money is shorting at 29.4 (this morning) because they 'feel' like it's over and we are gonna go lower, dumb money is positioning to short and there is a huge amount of shorts opened, the market will think
ohhh look, some juicy liquidations, gonna go and liquidate dumb money
market favorite meal is liquidations lmao
while smart money (us) look at the data, see that there is a lot of shorts underwater at this prices and they have two options
1) they scalp some longs
2) they wait and put their limits to short if their systems are telling them to short
but they will never get liquidated
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32 . 69😂
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Actually, if we want to exclude the manipulation factor on Bitcoin's price action, the strong resistance is located at $29.8k as the base price for this current movement.

I excluded the wick fishing area and found this $29.8k is an interesting area for Bitcoin to find major resistance as it was a broken support turning resistance. So, in this very low volume market, I won't be surprised if we see another spike toward $29.8k region as well.

But still, I'm expecting this movement to occur, especially after I see the death cross on EMAs on 12 hours time frame, which 21 EMA (yellow) is crossing down the 55 EMA (green). And of course, it's a major bearish sign as well.

I'm not changing my original bias of bearishness as I'm still expecting the area of $28.5k tap. But at the low volume price action, anything can happen as the price manipulation.

In summary, excluding the manipulation factor, Bitcoin's strong resistance lies at $29.8k, and we might see another spike towards this region due to the low volume market. However, the death cross on EMAs is a bearish sign, and I'm still expecting a $28.5k tap. But in this wild west of price action, anything can happen.
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We broke above a trend line with some good vol, might squeeze a little more imo. Depends if we fall back below
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📌Educational Tip
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GM before bed

Wasn't able to look at the charts today but nothing really changed what I see per my system that we formed a range (can be a redistribution before another leg down) likely we spend the weekend in that this range but I wont trade it because it is weekend

CVD and OI havent really changed so not really a reason to talk about them

My opinion haven't really changed that I was forming throughout the week

Now with weekend coming up I have more time to work on trading, no days off so keep grinding always more work to do
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Swing Short open yesterday at the daily candle close

THESIS: Higher than expected GDP data, indicating growth in the economy and low performance on risky assets (like BTC)

Multiple daily rejections at Range High (Range Low before) and the 50 EMA

Big gap from $26k with high probability of get filled

SYSTEM: Bearish BOS at $29k + EMA bands bearish cross at multiple timeframes

Targeting Range Low and Invalidation above Liq levels
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Three trading strategies to catch big moves
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