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Bitcoin and the majority of the crypto market had a good rally yesterday with some very good moves and ADA up 16.5%. Does this mean the bulls are back? Not yet in my eyes, we still have ETH, AVAX, XRP, DOGE, LUNA, DOT, BNB, SOL and the rest all still momentum down. For crypto traders the world over it's time to observe. For me, tomorrow morning will be interesting
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Bitcoin hasn't broken its daily lows and while it has looked lower and still does, it's holding its ground. For us cryptotraders, it's times like these we need to assess how we trade, how we target our trades and how we keep our capital. XRP, ETH, DOT, BNB, LUNA, ADA, AVAX and DOGE all are a little undecided. We need to be patient and wait for the crypto gods to decide where the momentum comes from next
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With bitcoin, ETH, DOT, XRP, AVAX, BNB, LUNA, SOL and ADA all in down trends, it's very hard for a trend following cryptotrader to look beyond the trend and what could very likely be further decline in our crypto market. XMR is looking very nicely placed for a short, so I am on the stalk with that
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Wild old week we cryptotraders had last week. Some great shorts were had trading "bitcoin breakout" and "crypto cradle" strategies and some big profits were on the table. Today we have many more short options as the down trends continue on BTC, ETH, DOT, XRP, AVAX, BNB, LUNA, ADA and SOL. DOGE is the only chart without a solid trend in the ALT market top-10 and Bitcoin is holding better than most.
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This Week in Crypto: Elon Musk buys Twitter for $44 Billion, What’s next for Twitter at the helm of Elon’s ownership? Bitcoin is now an official currency in a Central Africa Republic, how will this help their nation? Dubai Real Estate Developer to accept Crypto Payments amid UAE push for Crypto Hub Status, will this open up the industry of Real Estate for Crypto?
Join Craig in this episode where he dissects the Breaking Cryptocurrency News and how they impact the entire Blockchain space.
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People, you have everything in front of you right now, you may not see it, you may make excuses, you may have a JOB and whatnot that you have become accustomed to and that gives you comfort. Well F that if you want to live your dreams. Mediocrity will not cut it in a life of passion and dreams, it's time for you to stand up and take control. The crypto market is down? boo hoo, become a trader and profit from that too. No excuses when you have tools like we have. Get started.
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Well it's been the "Day Of Elon" today with the market recovering from a steep decline yesterday off the back of the news the Twitter bid from Musk was accepted. DOGE was the major mover in that new but Bitcoin, ETH, ADA, AVAX, BNB, XRP, DOT, LUNA and ADA all rallied off the back of this news
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This Week in Crypto: Elon Musk looks to raise funds to buy Twitter, Will he Elon succeed in this quest? Goldman Sachs reportedly eyes FTX alliance, what are they cooking? Secret Services seizes more than $102M in crypto assets, where are they from and how are they tracked? Bitcoin Tribalism is holding the crypto industry back according to Ripple CEO, what does he mean by this? How to Spot Crypto Pump and Dump?
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Yep, it's slow, BTC has only moved 1.25% today from its high to its low so far. ETH, SOL, AVAX, DOGE, ADA, BNB, LUNA, DOT, and XRP are more or less the same cryptotraders. Go fishing, it's the right time.
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Bitcoin has a little level starting to show up on the 30 minute chart, this may lead to the "Bitcoin Breakout" trading strategy coming into play. It's a great way to play a market with a consolidation. ETH, XRP, BNB, SOL, AVAX, DOGE, ADA and pretty much all of the crypto top-10 was up yesterday. So, cryptotraders, hit up the bitcoin breakout rules!
Learn How To Trade
FREE eBook: https://bit.ly/2VoIDzD
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Discounts and Promotions
30% OFF Taker Fees at Bybit: https://bit.ly/tcbybitpromo
10% Discount at Binance: http://bit.ly/2ta6OUu
Join the Trader Cobb Community!
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Twitter: http://bit.ly/33x7gsI
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From the publisher's feed
Craig Cobb hosts The Trader Cobb Crypto Podcast unpacking his 13 years plus experience in traditional stock markets, FX, commodities and bonds (as well as over 6 years as a mentor to tens of…
NOTE: This is not financial advice, Craig Cobb is not a financial advisor and NEVER provides tips on what to buy, sell or hold EVER. This podcast is to give his views and share a fun environment to have a chat about all things crypto and beyond. If you wish to invest in anything make sure you seek advice from your financial advisor first.
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