#CryptoMarketDip

Buy the dip or buy the dip means buying an asset after a price drop. This hypothesis works when people invest in coins at the lowest predicted price with the expectation of selling them later when the market recovers during a bull market phase.

Buy the dip is much nicer than it sounds for investors who are patient enough to wait for a market correction. When the price has fallen significantly from its previous peak. The dip buying technique requires critical analysis of a crypto’s support and resistance levels to determine the right dip to buy.

The basic way to buy the dip is to take a closer look at crypto indicators; the Exponential Moving Average (EMA) is a great one to talk about.

If the current price is above the EMA line, it means that the price is still higher than the past resistance levels. In fact, now is not the time to buy because prices may fall in the near future.

Conversely, if the price is already below the EMA levels or at the previous resistance, it is the best time to buy with a greater return from the Buy Dip strategy.