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#STX once again triggered an oversold signal on the daily line chart.
Looking back at the past three times, the price was very sensitive to this signal, basically providing clear rebounds, which can be considered a "buy the dips" signal.
However, even with a good signal, trading logic and risk management cannot be overlooked. STX has not yet shown a bullish trend, and its rise and fall ultimately still depend on Bitcoin's mood.

If Bitcoin can break through, it will take off
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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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