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low_risk_trader
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It's days like these that you need to work to get the entries you desire.
#BTC
#ETH
#KAITO
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low_risk_trader
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barely survived the SL but expect market to come down more. Not the right scenario to trade. Rather buying the dips time.
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$KAITO can reverse at any moment. - Sitting right at 0.786 fib level. - Daily RSI in the buying zone. - Entry is right at the 2nd bottom support level. - 37% upside, only 7% downside (5.3 risk to reward ratio) Wait for your entry and set a limit order. SL represents trade idea invalidation. Take profits in 3 chunks.
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$COW is on the verge of breakout. - Hovering above 100SMA - Below Value Area Low - Just bounced off 0.786 fib level - 2.4 risk to reward ratio - The upside could even go to the VAH (around 0.495) Get in the trade right now and take profits in 2 tps. SL is must. Trade idea will be invalid if it hits SL. #ALWAYSDYOR #alwaystakeprofit
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$BMT Another rug pull on Binance. It's becoming a theme now. Binance is not safe anymore.
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The fact that $EGLD is holding above 18.5 is making me really excited about this trade. 18.5 is a 38% retracement level from its recent pump. All dependent on $BTC and dominance in the end. The fact that $ETH is starting to outrun BTC gives me more hopes about Layer 1 and 2 alts like EGLD.
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