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If the probability of interest rate cuts goes up: a 25 basis point rate cut is useless, it can only boost market enthusiasm for a few days, the overall trend will still go down, Long Wick Candle up and down.
A rate cut of 50 basis points will bring about a change, at least within a month, shifting to long positions, laying out Spot in the market, and then waiting for the recorded response to push up, setting up stop loss and adapting to changes.
If interest rates do not fall, the market will be finished, and the entire financial system will experience a pullback and so on. The cryptocurrency m
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ChanganNingvip:
Missed out on this wave, but no regrets with the pro. Because of belief, so trust. Didn't wait for the point above RATS 6 this time. Still hoping for some good targets in the future, so pro, please advise.
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Let me briefly explain the next market situation. I have been trying to go long yesterday, but the overall trend is downward. Why go long and not follow the trend? Many people also asked me.
Let me explain to you in detail: it is unlikely to fall below in the next few days, the current position has already formed a support level, and the needle at 52 before has laid the groundwork for a potential pullback later. Before the 16th, we will try long positions, and only when the interest rate cut is implemented or not will we truly start the pullback, realizing the bat pattern trend we mentioned. T
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GateUser-b28722d8vip:
bull回速归 🐂
Is interest rate cut Favourable Information? Why am I not optimistic about this rate cut?
Is a rate cut Favourable Information? This is a complex issue that requires analysis of macroeconomic and global dynamics, and there are different opinions. Most people think it's Favourable Information, but I don't think the rate cut expectation is fun at all. Instead, it's a bigger pit.
To put it simply:
1. Interest rate cuts do not mean Favourable Information
2. Rate cuts may be the landing of expectations, or the simultaneous arrival of recession and rate cuts. Rate cuts are to prevent the emergence o
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ChanganNingvip:
Thank you, Brother Xin. BTC is like this, RATS is still too strong to go down. Do we need to continue waiting or switch to another currency? Respectfully, Brother Xin
The Gateley pattern is still appearing, and there is a potential shark waiting for you. It has been testing the important support level near 56,000 since yesterday. If 56,000 falls again, it is likely to fall to around $50,500. Of course, there is no need to fall below today. Just continue testing. So the probability of a successful long order attempt near 56 is very high, because today's data is just a prelude. After combining with the non-agricultural market tomorrow, the real fall will begin, or this pattern will be ruined. So before the 16th, the same thing is still true: sell at high leve
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SimpleGetRichvip:
The Gartley pattern is still waiting for a potential shark to appear again. Now, it has been testing the important support level near 56000 from yesterday to now. If 56000 falls again, it will probably fall to around $50500. Of course, there is no need to break through today, just continue testing. So, the probability of a successful long order near 56 is very high. Because today's data is just a prelude, only after the non-agricultural market tomorrow, will the real fall begin, or this pattern will be ruined. So, before the 16th, the same applies: sell on rallies, choose long orders for Light Position. It is still possible to continue to liquidate shorts with high leverage, and then fall. I will continue to track the market situation. The Maker at 56100 continues, just fell to 56300, the strategy was written as the 56100-56300 range. Aggressive brothers have already take profit if they set at 56300, then go back and set at the strong support position of 56100!
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This kind of market situation is expected, don't rush to pick up the gun, go to bed early, September market is very difficult, it's a difficult and boring month.
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Iamleekvip:
Grasp the trend and make a fortune in 2024! 💸
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