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Most Boring Strategy
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Bullish
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$BTC
getting ready to buy again? What do you think? Are we there?
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content.
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BTC
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+4.09%
742
0
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$BTC a little more detail to how my strategy work. I look for weakness and strength in the price action. That's a combination of momentum and volume. Look at the green and the red vertical lines. They signify enter and exit. Many times a price increases without commitment - that's where I'm out. It shows weakness. Other times I see the price is dropping but with weakness and that's where I'm preparing to enter. I hope this makes sense else ask your questions here.
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$BTC as predicted (easy though) we had the retrace yesterday. Uptrend is still intact. Now we look for momentum to increase along with the volume. For this I'm looking at the 4H. We need to see the blue lines cross up the purple lines. This signifies that momentum is increasing. Also the volume must follow (commitment). We will aim for a struggle at $65K and then $67K.
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$BTC soon there will be a reaction. What do you think will happen? If price increases with less momentum then there is a chance the bullishness vanishes. As of now, everything is fine. Retraces are welcome as long as they are followed with strong momentum upwards.
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$BTC Notice this: 36.07 % to $100,000. If you want to get rich...then this is maybe not the coin to hunt... đ€ Price Progress as of now: [ââââââââââââââââââââ] 63934/100000 #BTC #crypto
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$BTC and many other coins. I believe prices will retrace a little during the next few days. We had a great run but things must get balanced. I think $BTC will find some support at $62.5K - $63K. It's perfectly fine if momentum takes a break and fall a little, but for the uptrend to continue the next push up must be followed with an equal upside push to the momentum... else we are close to a dump to a lower support. Let's see.
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