RE: Snap Crypto Update - Falling but finding support

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Snap Crypto Update - Falling but finding support

in cryptocurrency •  7 years ago 

I think we bounce at $6100. Seems to be the most likely option for the potential inverse head and shoulders that would still be valid.

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7 years ago by

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      ·  7 years ago 

    You could be right. The optimism of the last week seemed too premature to me as well.
    Your prediction of bouncing at 6100 also holds some validity.
    Here is it marked on the chart. We can see that back in late June, this level acted as significant support for some time.

    I have already had some of my protective stop loss trades triggered over the last hours. Now I wait to enter in again at a lower price.

    Thanks for your contribution @vyvanse

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