Long
#POLYBTC #Polymath looking good back in this channel
with entries as close to 7500 ideal, at 0.236 fibonacci retracement from the recent high. So far, simple mean trend reversion/correction here and a play for security tokens long-term. Bitcoin still in neutral territory and could still go below 6000 so for those considering long-term plays, important to risk manage by position sizing in.
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.