Some would argue but It is good to know at least some levels before blindly jumping into every increase even on the back of a strong news announcement. The XEMBTC is a perfect example of that. Many so called “price chasers” are already trapped at the top of the range.
On another note, we are looking to buy dips towards 1500 or even 1350 (some market participants might be forced to exit at a loss) or on a daily break and close above 1800 with 2100 and 2450/2500 as possible targets.
Should you have any questions feel free to contact us anytime.
Good luck Champs!
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