How about knife catching
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If that's your thing, sure. I'm more heavy on confirmation. Comfortable with a higher but safer entry.
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Too much defence here?
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It's a great time to short on a retest of the 6,000-6,050 break
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Price is close to yearly lows. Alt coins just capitulated. You're late. Not calling bottoms, but I don't see the R in shorting here. That doesn't mean you have to long. Staying flat is an option too.
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I do think we test yearly lows, been saying that since 6.8k broke. Does that mean we test them today? Maybe, maybe not. However, shorting after such a strong down move isn't ideal imo. One's literally shorting historical support. Breakout trading is not my cup of tea.
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Short at support? This is correct right?
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Question is where is exactly support?
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