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- Cryptocurrency Bitcoin BTC Ripple XRP Technical Analysis Elliott Wave Trading - tradinglounge.com
- Overview: the move lower from 40,000 is bullish corrective and I took the opportunity to add to my position. I can see on the COT report Hedge funds have been reducing long positions and adding to short positions and they are net-short from last week.
- Bitcoin Elliott Wave: Wave (iv).
- Trading Levels: Major Level Support above TL3|30,000.
- Bitcoin Trading Strategy: New long trade set up and have moved stops up on long positions



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