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Alias Born | 11/07/2005 |
Thursday, June 17, 2021 9:14:03 AM
Weekly jobless numbers came in weaker than expected, which should put cap on interest rates for now.
Now with Fed meeting past you could see short positions move in to close before any possible weekend rally in crypto prices.
SOS high short interest could quickly see price surge into $4s on any sentiment change and shorts looking to close positions for downside has now been baked in and profits will be taken on short side here.
Keep eye on any BTC move towards $40k for shorts to close
Have a great low float, or killer chart to share with our group of traders?
Post it up on my new board!
Sweet Crude's - Low Float and Chart Plays (please join)
http://investorshub.advfn.com/boards/board.aspx?board_id=21852
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