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RE: Bitcoin Rejected at Key Resistance Zone

in #bitcoin7 years ago

Same. Buying after the break feels like you missed a few percent, but really it is a much lower risk trade and is the smarter play. I'm not sure what I am targeting here though as we're in virgin territory again. Maybe $7K and/or Oct 23, but if it keeps going at this rate it might be much higher, sooner.

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Yeah I often get screwed in FX buying breaks, but this space actually moves, rarely fakes out.

Pondering that my self ... it sucks: my CFD broker raised the minimum increment to 1 whole coin, so it's all or nothing. Ideally I'd take half off the table just before 6 and let the rest run, but not possible.